Miss one required withdrawal on an inherited IRA and the IRS can now hit you with a 25% penalty on top of the tax you already owe. On this episode:
• The 10-year inherited IRA rule, finalized for 2025 — and exactly when annual withdrawals are required vs. optional
• Why a Roth conversion can quietly double your Medicare premium two years later (IRMAA explained)
• The life insurance gap costing 1 in 4 high-income households up to $400,000 in missing coverage
• What to do with extra cash the month after your last debt payment — savings first, or invest?
Have a money question? Email show@getreadyforthefuture.com and you could be our question of the week!
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