Of course the 401k/ Iras are really tax deferrals.
Reader comment on: Martin Feldstein on Tax Expenditures
Submitted by Lyle (United States), May 5, 2011 22:29
In particular you get to pay the taxes after 70.5 thru Required Minimum distributions. Now if we go back to the law before the last change if you inherit one of these the distributions should be on the same schedule as the person who contributed to the IRA/401k. (Although note that the RMD for someone (other than a spouse) who inherits one of them are higher than the original owner as the life expectancy factors are less.
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