Finance

‘I’m the executor’: My two siblings and I inherited an IRA. Can we just cash it out?

“Am I required to create three new inherited IRAs so that the firm can divide it equally?”

‘I’m the executor’: My two siblings and I inherited an IRA. Can we just cash it out?

‘I’m the executor’: My two siblings and I inherited an IRA. Can we just cash it out?

What Happened

“Am I required to create three new inherited IRAs so that the firm can divide it equally?”

Key Details

Original reporting provided by MarketWatch.

Why It Matters

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Sources

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