Monthly Archives: March 2012

Asked & Answered: Handling an Inherited IRA

March, 29 2012   Bradley from Biloxi, MS:   I recently inherited an IRA, but I’m under 70 ½.  Do I still need to take distributions?   Friedenthal Financial:   It’s a good question that contains some potential tax consequences.  We remind you that we are not accountants and don’t provide tax advice.  It is…

Asked & Answered: Should I roll my 401k into an IRA?

March 1, 2012   Wesley from Williamsburg, VA:   I’m 61 years old, but still planning on working another 5 years.  Should I roll my current 401k into an IRA or leave it where it is?   Friedenthal Financial:   It’s a very good question.  As usual, the answer depends on a few factors, which…