Birdwatch Note Rating
2023-05-21 11:56:30 UTC - SOMEWHAT_HELPFUL
Rated by Participant: EB93D197486012CABBB65934BD827F381DE306BB948A0430FC44136542DF5F94
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