Birdwatch Note Rating
2023-05-20 19:42:12 UTC - HELPFUL
Rated by Participant: 8A0C20CC3E93C65538AC63F6DD136107230606C6A7F91648DA5196ABE3D042FB
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