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Health Savings Account

What Happens to an Inherited Health Savings Account?

POSTED ON: January 3, 2022 BY: Kyle Krull
A health savings account is a useful tool for medical expenses. Medical expenses are often quite costly. Although insurance can help, it does not often provide full coverage. You will be paying some of your expenses out of pocket. According to a recent The Street article titled “HSAs and Estate Planning,” utilizing a health savings […]
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Inherited IRA instructions

What Should I Not Do with an Inherited IRA?

POSTED ON: October 13, 2021 BY: Kyle Krull
An inherited IRA is more complicated for heirs who are not a surviving spouse. An IRA is an important source of income in retirement. For this reason, they are often significant assets in estate planning. With the recent passage of the SECURE Act, how IRAs are passed to heirs has become more complicated. No surprise […]
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How Should I Make My Retirement Withdrawals?

POSTED ON: February 20, 2020 BY: Kyle Krull
Retirement withdrawals should be taken strategically. You have been planning for retirement for awhile. Likely you have an IRA, 401(k), 403(b), profit sharing or some combination of tax-deferred retirement plans (i.e., where contributions to the plan are pre-tax and the increase on those funds is deferred until withdrawal). You even worked a few extra years […]
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