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Reply to "Inherited ex-husband's $200,000 pension - withdrawal strategy?"
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[quote=Anonymous][quote=Anonymous]I inherited ex-husband's $200,000 pension, I was listed as beneficiary. Older teens/college students were left healthy trust funds which will cover college costs, grad school, home down payment. I am 52 have a heathy TSP, pension with government, taxable account, Roth IRA, Ibonds, home is 3/4 paid off, no debt. Since I am not a spouse, I seemingly have two options - lump sum/pay a ton of taxes or roll into inherited IRA which would have to be withdrawn completely within 5 years. What is a good withdrawal strategy with respect to taxes? [/quote] Why five years? I thought it was ten. [/quote]
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