Inherited IRAs and RMDs

December 2, 2017

Inherited IRAs and RMDs

Jim and Chris answer questions from listeners.  If there are two beneficiaries for an inherited IRA, do both beneficiaries have to take the required minimum distribution, or can just one beneficiary take it? Also, why would you want to do a Roth Conversion when the market is high? And, if you convert an IRA, is there a waiting period before you can recharacterize the conversion? Plus, Jim and Chris answer a number of Social Security related questions.

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Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Jim Saulnier, Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC to residents of: CO, IA, IN, MA, NY, TN, TX, WI and WY. No offers may be made to or accepted from any resident outside the specific states mentioned. Jim Saulnier, Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial Planning services offered through Jim Saulnier and Associates, LLC., a Registered Investment Advisor. Cambridge and Jim Saulnier & Associates, LLC are not affiliated.