Unfortunately my grandfather passed away a few weeks ago and I found out I was named a beneficiary on his Roth IRA account. It’s worth over $70,000 as of right now and I think of the index funds is the S&P 500. I researched some of the rules and I’m allowed to keep the inherited ira account for 10 years max.
However, I would like to take out some of the portion to pay off my private student loans. Is this possible? Can I keep the rest in there? I’m not really familiar with brokerage accounts. I’m only 22 lol. Any advice would be appreciated thank you 🙏🙏🙏
Submitted January 05, 2024 at 11:47PM by Old-Calligrapher-833 https://ift.tt/SlLMjRf
