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2-Minute Tax Tip: What's a 'Stretch' IRA?

Mark J. Kohler breaks down four things to think about when using a 'Stretch' IRA.

In this video, Entrepreneur Network partner Mark Kohler discusses how to make the most of a "Stretch" IRA.

Whether you're a spouse beneficiary of an IRA or not, it's important to know the rules (like required minimum distributions) guiding your financial planning. If not, you could have as much as a 50 percent penalty on your IRA.

However, if you do it right, a "Stretch" IRA can be a powerful financial tool in your investment portfolio.

Watch more videos from Mark J. Kohler on his YouTube channel.

Related: 2-Minute Tax Tip: What's an Educational IRA?

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