What to do if you inherit an IRA or a 401(k)

If you are the beneficiary of an IRA or 401(k) account, you will need to familiarize yourself with the rules of how you handle the account.¬† After the passage of the 2019 Secure Act, the beneficiary must first determine the category of relationship to the person who died. ¬†Typically, the rules for required minimum distributions…