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Reply to "What’s the process of inheriting money?"
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[quote=Anonymous]Only read a few responses: 1. You can’t roll it over into your account if inherited by a non spouse. You need to open a new Ira just for the inherited roll over. That’s bc it will require RMDs, and the current retirement you have won’t. 2. Some institutions require a certified copy of the death certificate. Some don’t. 3. Make sure you name who will inherit your newly transferred inherited ira. [/quote]
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