First comes love, then comes marriage, then, often, comes a joint checking account. It's not very romantic, but it is a common situation in married life. Spouses often not only unite themselves.
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Inheriting an IRA as a beneficiary can increase your financial security. But, because an inherited IRA usually imposes a 10-year distribution schedule, the account may also create larger tax implications than expected. However, exceptions to this timeline are available. Here’s how distributions work and how to prepare yourself for anticipated taxes. A financial advisor can […] The post How the 10-Year RMD Rules Work for Inherited IRAs appeared first on SmartReads by SmartAsset.