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Attorney Natalie Choate advises IRA beneficiaries to do nothing until they've met. . IRA while she will want to withdraw hers, what is the best way to treat the tax . May 1, 2013 . I inherited a $15,000 traditional IRA from my father. As a TEEN beneficiary, will I avoid income tax upon withdrawal if I wait until I'm 60? If not . A beneficiary may be able to claim a deduction for estate tax resulting from certain distributions from a traditional IRA. The beneficiary can deduct the estate tax . By Dana Anspach , About.com GuideSeptember 25, 2012 Some topics are important - but boring. These are the topics that can get you in trouble if you don't know the rules. Particularly I encounter problems related to the second article listed below on naming IRA benefic. More » Rules vary, depending on whether you inherit an IRA from a spouse or. With an Inherited Traditional IRA, you'll pay taxes on any distributions you take.Jan 17, 2014 . You have several options when you inherit an IRA, and the one you choose can have a big impact on how much you pay in taxes. The rules are . If you inherit a retirement account from your spouse, you can transfer the assets an Inherited IRA will be opened in your name to ensure that tax information is . Oct 5, 2012 . Know beneficiary IRA and inherited IRA rules before you invest.. With traditional IRAs, your heirs will owe income taxes when they take . Most heirs tend to withdraw all the money from an inherited IRA quickly, pay taxes, and spend the after-tax amount. When beneficiaries prefer to use the IRA's tax .

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Attorney Natalie Choate advises IRA beneficiaries to do nothing until they've met. . IRA while she will want to withdraw hers, what is the best way to treat the tax . May 1, 2013 . I inherited a $15,000 traditional IRA from my father. As a TEEN beneficiary, will I avoid income tax upon withdrawal if I wait until I'm 60? If not . A beneficiary may be able to claim a deduction for estate tax resulting from certain distributions from a traditional IRA. The beneficiary can deduct the estate tax . By Dana Anspach , About.com GuideSeptember 25, 2012 Some topics are important - but boring. These are the topics that can get you in trouble if you don't know the rules. Particularly I encounter problems related to the second article listed below on naming IRA benefic. More »