Hey everyone,
My dad passed away and left my sister and I his IRA's. Just looking for some advice on what the best options are. Going off the bank slip, he has a "24 Month Term IRA & 48 Month term IRA" with about 4k in each. I was told we could keep them in until he would have been 70, or withdraw them. Because they're traditional IRA's, we're going to get taxed either way, right? I don't think 4k will bump my or my sisters tax bracket, so would it really make a difference?
We have had some trouble with the bank and i don't think i want to deal with them anymore. So if we decide to keep the money in the IRA, would we be charged to move it to another financial institution?
Any help / advice would be greatly appreciated. Thanks!
Submitted August 10, 2017 at 07:00AM by MDdadDied http://ift.tt/2urByQj
