Birdwatch Note Rating
2023-05-20 18:15:09 UTC - NOT_HELPFUL
Rated by Participant: B3B0CD6651248425DBB4818B76133386DB4B1A0F62860AB8F1D8BF6D8043768F
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