Inherited IRA Strategies & RULES UPDATE

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  • Опубліковано 8 вер 2024

КОМЕНТАРІ • 9

  • @Patriciaharrisss
    @Patriciaharrisss Місяць тому +64

    I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.

    • @Alanwilliams3
      @Alanwilliams3 Місяць тому

      I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.

    • @peterschulz2072
      @peterschulz2072 Місяць тому

      How can i reach her, if you don't mind me asking?

    • @Patriciaharrisss
      @Patriciaharrisss Місяць тому

      Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @rabbihossain6748
      @rabbihossain6748 Місяць тому

      Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.

  • @AngieLMiller006
    @AngieLMiller006 Місяць тому +1

    My brother passed away two years. I was contacted last month informing me that I am the beneficiary on his IRA. Does the ten year clock start on his date of death or when I actually receive the inherited IRA?

  • @educatedwanderer9293
    @educatedwanderer9293 Місяць тому

    I inherited an IRA from my dad in 2016 when I was 47. It's a stretch IRA, and the RMD's will be getting bigger and bigger to the point that it matches my living expenses at age 60. By age 70 I'll be shoving a large amount into a brokerage account as it will be more than I need. I've already been building up the brokerage and investing it into index funds with all the RMD's, as I'm still working. I can see that it will be an added reason to reduce hours at work and / or possibly retire earlier.

  • @brucesmith6868
    @brucesmith6868 Місяць тому

    Thanks Dustin and Eric good to get the straight scoop

  • @josephkelley3035
    @josephkelley3035 Місяць тому

    Great content