Don't Make This Forum Candid Mistake! (It Could Cost You Big Time)
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Last Updated: Wednesday, 04 June 2025
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So what youve done or how much this mistake wouldve cost is that your son could pay close to 50% of the value of that tax deferred or ira account and taxes because in essence youve given them an asset as they start pulling assets out of that ira, its going to be treated as taxable income.