2-Minute Tax Tip: What's 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.
Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.