Craig Wear, CFP, explains how to use spousal inherited Roth IRA benefits to secure your spouse's financial future. The strategy lets you transfer tax-advantaged assets smoothly, giving them long-term security after you're gone.
Number seven is spousal inherited benefits. So a surviving spouse can roll that inherited ira, I'm sorry, that inherited Roth ira, into their own Roth account, no tax consequences or required distributions, which allows them to continue to grow that account tax free. So the benefits to your spouse inheriting that Roth are really huge. So the strategy here is the obvious. This is really a key benefit for married couples as it really is going to allow a very seamless transfer of those tax advantaged assets, which is going to offer a lot of, I don't know, say, long term security for that surviving spouse.
