Birdwatch Note Rating
2023-05-23 05:06:06 UTC - NOT_HELPFUL
Rated by Participant: 1C9E066F7D25E3D2BFD645602AE52B97A9E74C804A9D82FD3264C1BD6264C692
Participant Details
Original Note:
The increased estate tax exemptions will sunset in 2025. Although Feds do not have an inheritance tax, several states do. In addition, beneficiaries of any estate can be taxed at both a federal and state level. Inherited IRA (401k) requires mandatory taxable withdrawals https://taxfoundation.org/state-estate-tax-state-inheritance-tax-2021/ https://www.kiplinger.com/retirement/estate-planning/601544/federal-estate-tax-exemption-is-set-to-expire-are-you-prepared
All Note Details