Birdwatch Note Rating
2023-05-20 12:47:45 UTC - NOT_HELPFUL
Rated by Participant: D565A440705EFFD95A6707F3F4C976BFA2018D37805B7F5EF16A2A692CF1B847
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