Inherited IRA – Helping you make an informed decision!

At Profile Investment Services, Ltd., we understand that inheriting money can sometimes be stressful. There are tax implications, bureaucratic obstacles (especially when you live outside the United States), and emotional concerns. Moreover, if you inherit an IRA, there are even more rules and regulations which you must follow. We’re here to guide you to make educated decisions during this difficult time.

Our inherited IRA services are specifically designed for retirement plan beneficiaries—those who have inherited a workplace savings plan or an IRA (Individual Retirement Account).

Let our investment expertise help you…

Moving IRAs to Israel may mean forfeiting the U.S. tax benefits of the accounts. As such, it’s normally best to set up your own “beneficiary” IRA account, which we can help you do.

As a beneficiary of an inherited IRA, you must ascertain whether the deceased took his/her mandatory distribution before he/she passed away, and if you have time pressure to take yours – before you incur penalties.

Profile Investment Services, Ltd. is here to help you with the planning, paperwork, and investments related to an inherited IRA. We help our clients take their required mandatory distributions, and, if desired, help them reinvest them in appropriate investments based on their risk tolerance and needs.

Reliable and Customized Service

Maximize the advantages of inheriting an IRA. We help clients roll over their inherited IRAs to an IRA in their own name (held by Portfolio Resources Group, Inc.) where they maintain their tax advantages.

We have expertise in:
  • SEPs
  • Traditional IRAs
  • Inherited IRAs
  • IRA Rollovers
  • Roth IRAs
  • Roth IRAs
  • Minimum Distribution (RMD) annual calculations
  • Changes in the IRA Regulations
  • Charitable giftss
  • IRA tax planning
  • Management with other investment accounts

If you inherited an IRA and want to maintain its tax-deferred status: