What You Leave Behind—And What Gets Left to Taxes: Why G1 & G2 Families Must Understand Inherited Retirement Accounts
Why This Matters for Generational Wealth:
For high-net-worth families, legacy planning isn't just about passing down assets—it’s about passing down opportunity. And one of the most overlooked threats to that opportunity? Taxes on inherited retirement accounts.
The SECURE Act significantly changed how inherited IRAs and other retirement assets are taxed, especially for children and grandchildren. These changes carry real implications for both the wealth creators (G1) and the rising generation (G2) who will one day receive and manage this wealth.
Whether you're navigating these issues as a grandparent, a strategic investor, or a business owner with a complex estate, this article, authored with our partners M Financial, is required reading. It will help you—and your family—make informed, confident decisions about how retirement assets are taxed, distributed, and preserved for the future.
Click Here to view the full article.
At HORAN Wealth, our Private Wealth advisors work closely with our Retirement and Insurance teams to help families grow, enjoy, and ultimately leave a legacy—with less lost to taxes and more passed on with purpose.
If you’d like to better understand how these rules affect your own family, or how you can reduce the tax impact on your children or grandchildren, we’re here to help.
Let’s start the conversation. 📩 Contact your HORAN advisor or email us at PrivateWealth@horanwealth.com
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