Birdwatch Note Rating
2023-05-21 15:15:50 UTC - HELPFUL
Rated by Participant: EF466972862EFFEFF4EBB376394D5B2C21A125DF0258A4CD5F946FE0C3A65395
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