Birdwatch Note Rating
2023-05-22 00:34:51 UTC - NOT_HELPFUL
Rated by Participant: 92FCB2DA28249A66704A24A8F310A1E75525DFCD3CA94E0123752CBB7D419612
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