Inheriting a retirement has gotten complicated. How advisors can keep up

The matter of coming into money has gotten messy, thanks to a 2019 law that refashioned what non-spousal beneficiaries must do with inherited retirement plans. 

Throw in shifting and confusing directions from the Internal Revenue Service, and financial advisors face hurdles for clients aiming to leave a nest egg to the next generation. Add in an unexpected reprieve by the tax agency on distributions and stalled legislation aimed at curbing monster-sized Roth plans  — an engine of tax-free wealth — and advisors face an opportunity. Lower stock and bond values can serve as a tail wind that puts assets into a plan at bargain prices.

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