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Retirement > 401(k)s & IRAs
Inheriting IRA
March 30, 2000: 8:23 p.m. ET


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NEW YORK (CNNfn) - About one in three households has at least one kind of individual retirement account, but while the average account contains about $60,000, a growing number of them are in the six- or seven-digit range, providing more than enough money for retirement.
    However, the IRS takes a big chunk of the savings when these accounts get passed on to beneficiaries.
    CNNfn's Allen Dodds Frank has the story. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.