Reply to Family member death - Tax Filing and Retirement Accounts

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have no idea. I did read some but was hoping someone could help me with info or a couple of links to figure out how to deal with these. Also I haven't slept much so maybe need a little hand-holding.

There is a 401k, IRA and Roth accounts.

Thank you. [/quote]

These accounts will have beneficiaries and won't be distributed through probate or via a will. You usually just need to show the bank the death certificate and it will distribute to the listed beneficiaries.
Sorry for your loss, OP.[/quote]

Thank you. Yes I am the beneficiary on all of these. So a 401k and an IRA can be transferred to an IRA in my name? And a Roth IRA can be transferred to my Roth IRA? And so they are pooled with my money and same withdrawal rules apply? [/quote]

The IRAs roll over to a special account and I believe you have to do the distributions in 10 years.  There are some exceptions for spouses and based on age, but those likely won’t apply to you.  They won’t be mingled.  [/quote]

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