Inherited IRAs

When an IRA owner dies, the designated beneficiary, if it is an individual, can establish an inherited IRA and start taking required minimum distributions. By spreading out the death benefit over the beneficiary’s own life expectancy, the beneficiary can reduce current income tax liability by not taking a lump-sum distribution and enjoy continued tax deferral on the assets remaining in the inherited IRA.

Inherited IRA Topics
  • Beneficiary Planning
    Education and sales tools to help you build your practice through the art of beneficiary planning.
For Use With Clients
  • Understanding IRAs
    This educational brochure provides general knowledge about IRAs for clients' financial planning. VLC0015-0119
    Download
Additional Tools
  • Calculators
    Run product illustrations online or use our online calculators to assist in tax planning, retirement planning, distribution planning, and investment fee comparisons.

 

Want to Talk Further on this Topic?

The Retirement Strategies Group, subject-matter specialists with advanced degrees and designations such as CFA®, CFP®, ChFC®, CLU®, and JD, are ready to help.

Call:
(800) 722-2333, ext. 3939
In New York, (800) 748-6907, ext. 3939

Email:
RSG@PacificLife.com

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Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. 

Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.

No bank guarantee • Not a deposit • Not FDIC/NCUA insured • May lose value • Not insured by any federal government agency