Reducing Inherited IRA Taxes
By: HORAN Wealth
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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HORAN Wealth is the marketing name of HORAN Securities, Inc. (“HSI”) and HORAN Capital Advisors, LLC (“HCA”). HORAN Wealth Management (“HWM”) is the associated investment advisory firm. HCA is an affiliated investment advisory firm. Securities offered through M Holdings Securities, Inc., a registered broker-dealer, member FINRA | SIPC.
The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results. Market conditions can vary widely over time and there is always the potential of losing money when investing in securities. HORAN Wealth and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only and is not intended to provide and should not be relied on for tax, legal or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
