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Inheriting an IRA can be a stressful event. At a time when you may be dealing with grief and making quick decisions around end-of-life arrangements for a loved one, you also may be asked to make financial decisions that can have significant tax implications. Not making a decision can also lead to negative consequences. This article helps lay out the options a beneficiary of an IRA has available to them and the rules to follow. Our next article will discuss how to make tax smart withdrawal decisions.