Birdwatch Note Rating
2023-05-27 18:36:49 UTC - NOT_HELPFUL
Rated by Participant: 4AB132421C138901451F308825D7A7B7689C0EE658D8A12A9B5749E9396857AE
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