# 75 - 5 Biggest IRA Mistakes

The 5 biggest IRA mistakes you can make. Ready? Well here they are: 1. No beneficiary designation 2. Old beneficiary designation 3. Wrong beneficiary in your beneficiary designation 4. No Durable Power of Attorney 5. Waiting too long to take distributions a. Too long in the calendar year b. Not withdrawing when your income is low We'll go over ALL of these topics and why they are so bad in this video. You can read more about beneficiary designations at my blog here... http://heritagewealthplanning.com/?s=beneficiary And you can read about powers of attorney here.... http://heritagewealthplanning.com/?s=power+of+attorney