Survivor: the IRA strategy

Famed IRA guru Ed Slott has given us a quick summary of 7 key IRA tax strategies that you can review in five minutes.  One in particular caught my attention: a surviving spouse who is younger than 59 1/2 should not combine his IRA with that of his spouse because withdrawals from a spouse's IRA by a survivor are not subject to the 10% penalty on withdrawals.  It all adds up, and retirees can't afford to leave any money on the table.

This and the other 6 strategies can be review in Investment News by clicking on the egg picture below: