Today I have another guest post up at Bible Money Matters titled Term, Whole And Variable Life Insurance. Which Type Of Life Insurance Should I Buy? The choice is complex and the decision, not so black and white. Take a read and let me know how you’ve made your decision.
Now that you’ve Taken a Breath, and are ready to roll over an IRA you inherited, there are a few important things you must know. Enough that I’ve written a full article, “Inheriting or Bequeathing an IRA” which I suggest you read. I believe the article highlights the importance of properly setting up one’s IRA with named beneficiaries on the account as well as the proper method for those inheriting so as to minimize the tax hit. For a deeper discussion, I recommend the book, “Parlay Your IRA into a Family Fortune” by Ed Slott