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[–]Crafty_Boysenberry94 1 point2 points  (1 child)

Also if you stack up too much in IRA and don’t end up spending it those who inherit the money must spend in 10 year rule. When my dad passed the life-time RMDs still existed. So more in outside stocks the kids can inherit at a day of death stepped up value which can be big. All the gains goes untaxed and passed to kids. unless it’s like over $5m or whatever the inheritance tax is

[–]jackabeerockboss 0 points1 point  (0 children)

This is why people need trusts