- ALZinfo.org - https://www.alzinfo.org -
Posted By alz05 On August 17, 2010 @ 1:57 am In Treatment Care | No Comments
If retirement plan accounts (e.g., 401k, IRA) are left at your death to anyone other than a surviving U.S. citizen spouse, such accounts are subject to both income and estate taxes (if left to a surviving U.S. citizen spouse then only income taxes are payable). You can also leave your accounts to a nonprofit organization, free of income and estate taxes. Ask your financial advisor or accountant for more information.
Article printed from ALZinfo.org: https://www.alzinfo.org
URL to article: https://www.alzinfo.org/08/treatment-care/retirement-plans
Copyright © 2002 - 2012 Fisher Center for Alzheimers Reaserch Foundation. All rights reserved.