Any Book Specifically on “Inherited IRAs” ???

Submitted by Richard Rea on Mon, 2015-08-24 16:56

I am looking for a book or what ever to give to my IRA beneficiaries to read and use as a reference to educate them about how to handle an Inherited IRA.

Yes I am sure there is an IRS publication but that’s not what I am interested in.

And yes I am sure there are “chapters” in books on IRAs that deal with “inherited IRAs” but I was hoping to find a book that is totally focused on how to handle an inherited.

I would not be surprised to find that it doesn’t exist.

Thanks

SeattleSun



Submitted by Ben Meyer on Tue, 2015-08-25 17:34

  • One possible book is Inheriting an IRA: How to Create a Lifetime of Paychecks, by Michael J. Jones.  I haven’t read the actual book, but the teaser portions available on Amazon look right on track, and it seems to be consumer oriented.  See it on Amazon at http://www.amazon.com/Inheriting-IRA-Create-Lifetime-Paychecks/dp/0990349004
  • Educating your beneficiaries is a great idea, but is rarely done.


Submitted by Bruce Steiner on Wed, 2015-09-02 19:41

I know Mike Jones very well.  I just spoke with him this afternoon.  His book is easy to read.



Submitted by Richard Rea on Fri, 2015-09-18 04:14

Thanks guys, just ordered the book from Amazon



Submitted by Ben Meyer on Sun, 2015-09-20 14:49

It would be interesting to hear your impressions of the book after you receive it and go through it.



Submitted by Richard Rea on Wed, 2017-12-27 21:32

Sorry for the long delay and only remember that is was simple, redundant and covered a lot of situations that weren’t relative to my potential situation.Just looked throught my libary and can’t find it, probably passed it on to one of my 3 beneficiers but definately didn’t buy it for all three. Any new reference(s) would be appreciated.  I may reorder “Inheriting an IRA: How to Create a Lifetime of Paychecks, by Michael J. Jones” and try again. SeattleSun – just took my first MRD at 70 1/2   



Submitted by Richard Rea on Wed, 2017-12-27 22:32

….my three children beneficieries interest was peaked a bit when at Christmas dinner I told them I had just taken my first MRD of $50k and my IRA account was UP $200k year to date.  🙂   They said, “How does that happen?”   I replied, “it’s magic”.  



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