Spousal IRA Transfers – Financial Literacy Series

If you are married and you inherit a retirement account from your spouse, you have more options on what to do with the IRA, 401(k), or Roth IRA than you might think. A spouse can transfer the funds from any of those accounts to a new IRA or you can establish a new IRA.

Here's what spousal beneficiaries need to know about inheriting retirement accounts.