Inheritance & Estate

“What are the federal tax implications of my inherited retirement account?”

CommonDeep Dive · 60 min · $170

Inherited retirement accounts often have federal tax implications that depend on the account type, the original owner’s age at death, and the beneficiary’s relationship to the decedent. In many cases, traditional accounts can create ordinary income when distributions are taken, while Roth accounts may be treated differently if certain conditions were met. The timing and form of withdrawals can also vary based on whether the beneficiary is a spouse, a minor child, or another heir, and whether the account is subject to required payout rules. Recordkeeping, beneficiary designations, and prior contributions often affect the tax picture as well. Working through the specifics with a CPA is the cleanest way to land on the right move.

In your 60-minute session, the KGOB advisor handling it will:

Read your exact situation and tell you, in plain English, what’s actually going on.
Lay out your options and the trade-offs — no jargon, no judgment.
Give you a clear next step you can act on, whether that’s with us or on your own.