Birdwatch Note Rating
2023-05-20 23:27:40 UTC - NOT_HELPFUL
Rated by Participant: 8FC8D34A4AE978AC8CAF6F65A6D2FBCCA7147B1121A84FF7B658EC37EB262456
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