<\/span><\/h2>\n\n\n\nThe surviving spouse must also address inherited retirement accounts, such as IRAs and 401(k)s. Generally, a surviving spouse has several options for handling these accounts, including rolling the inherited assets into their retirement accounts, maintaining a separate inherited IRA, or taking distributions. Each option has unique tax implications and should be careful.<\/p>\n\n\n\n
As you encounter these life milestones, consider consulting with a tax professional to help you navigate the complexities of the tax code and make the most of your financial opportunities. <\/p>\n","protected":false},"excerpt":{"rendered":"
Tax implications on major life events, like getting married, having children, or buying a home, can significantly impact one’s tax situation. Then divorce and the death of a spouse are also significant life events with various tax implications. This post will inform you of these events’ tax implications, so you can easily navigate the changes […]<\/p>\n","protected":false},"author":1,"featured_media":7185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[54],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/7174"}],"collection":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/comments?post=7174"}],"version-history":[{"count":6,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/7174\/revisions"}],"predecessor-version":[{"id":7186,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/7174\/revisions\/7186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media\/7185"}],"wp:attachment":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media?parent=7174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/categories?post=7174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/tags?post=7174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}