Birdwatch Note Rating
2023-05-31 19:02:21 UTC - NOT_HELPFUL
Rated by Participant: C67398AE9626659CE4D2EC0C2BF0F200A32C3EBFFF3E5A9A964AE6504F9D469C
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