What is The Death of the Stretch IRA?
What is a stretch IRA? This video will explain how your beneficiaries can, under current law, stretch your IRA and minimize the income taxes due. The ability to stretch your IRA can make a difference of millions of dollars to your child over his or her lifetime. The Death of the Stretch IRA refers to proposed legislation that will force your beneficiaries to pay all of the taxes due on your IRA within five years. The likelihood of this legislation passing is very good. Best-selling author James Lange urges you to watch this short video to learn more about this proposed law, because, for most Americans, the key to planning will be to avoid income taxes rather than estate taxes.