Birdwatch Note Rating
2023-05-20 23:27:40 UTC - NOT_HELPFUL
Rated by Participant: E1F8BC99576592B519BB75B7DF683BC46237299EEF24ECD10C32581BD3C45847
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