An Overstuffed Ira Could Tempt The Taxman

Pity the professionals who retire with $1.5 million or more in their individual retirement accounts. The nest egg they have so generously funded over the past two decades may be wiped out in a 1-2-3 tax punch from the Internal Revenue Service. Perhaps more accurately, pity their iids, who may find themselves forking over as much as 90% of their inheritance to Uncle Sam if Mom and Dad didn't plan correctly.

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