In this episode, Hunter Brockway, founder of Boca Retirement Strategies, shares critical steps to ensure you maximize your inheritance from a non-spouse IRA while avoiding unnecessary taxes and penalties. Discover how to properly title and set up an inherited IRA, split accounts for multiple beneficiaries, and understand required minimum distributions and key deadlines. Gain valuable insights to make informed financial decisions and avoid costly mistakes. For personalized assistance, visit bocaretirement.com to schedule a free assessment and receive a tailored retirement plan.

00:00 Introduction to Inheriting a Retirement Account 00:40 Step 1: Pause and Plan 01:05 Step 2: Properly Title and Set Up an Inherited IRA 01:31 Step 3: Split the IRA for Multiple Beneficiaries 01:58 Step 4: Understand Required Minimum Distributions 02:39 Step 5: Watch Deadlines and Check for Tax-Free Money 03:05 Conclusion and Next Steps 03:15 Contact and Free Assessment

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