Taxes and being the Beneficiary


Manage episode 229512014 series 1238356
By Retirement 360 and Alan Mercurio. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
This week on Retirement360, MWA advisor Troy Bolton and host, Randy Cook are talking taxes - but with a focus on what to do when YOU are the beneficiary. Many families will set up tax efficient legacies for your loved ones, but what happens when you inherit a 401(k)? How do you roll over the assets? How can you prolong RMDs? And most importantly, how do you navigate the taxes? We often discuss the importance of a good retirement plan and it is more than just income. Troy and Randy determine the 5 elements to make sure you are set for the future. A solid income plan An investment plan A tax- efficient plan A health care plan A legacy plan

144 episodes