Birdwatch Note Rating
2023-05-20 13:45:49 UTC - NOT_HELPFUL
Rated by Participant: 3CF5DA59853DFFA516346992F26D87CFCD5B6616A42CDF31E19139F07B90B569
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