If a family member passes away and you inherit their IRA or 401(k), it can be challenging to determine how to proceed. The situation can be variable depending on your connection to the deceased. Radio host and finance consultant Dave Ramsey recently looked at your best choices for what to do with an inherited retirement account, as this can be a difficult time in an inheritor's life. The popular finance expert shared what steps you can take when you inherit an IRA or 401(k).