investmentchallenged wrote:I've recently an inherited a Beneficiary IRA annuity from my mother. My mom invested her 401K into a beneficiary IRA for me to inherit. She has recently passed away before turning 70.5 years old, I'm eligible for approx. 3% of value this year (?RMD?) and now her investment broker would like me to reinvest this money, over $250,000, into a similar beneficiary IRA account. I'm currently in my mid 40's,without heirs and am quite challenged with financial investments. I've been advised from well meaning friends to seek advice from Fee-only financial planners to speaking with someone from Edward Jones investments or possibly Fidelity Investments. What would you advise me to do?
now her investment broker would like me to reinvest this money, over $250,000, into a similar beneficiary IRA account.
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