Birdwatch Note Rating
2023-05-20 13:45:49 UTC - NOT_HELPFUL
Rated by Participant: DC85AEEB13F87472178618A1DE92F22E1012BF22EFEFEE08E366A292E548E6B9
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