Stewardship Financial

08/13/2025

If you inherited an individual retirement account (IRA) in 2020, you're 5 years in.
That means you have just 5 years left to deplete the account if you want to avoid penalties.

What should you do now?
✅ Review the remaining balance
✅ Evaluate your tax bracket
✅ Start or adjust your withdrawal strategy
✅ Consider changes coming in down the road

📞 Don’t guess. A financial professional can help you make smart moves from here.



Source: IRS.gov, August 26, 2024
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary

08/10/2025

Not everyone has to follow the 10-year withdrawal rule.

If you’re one of the following, you may be exempt:
✅ Spouse
✅ Minor child
✅ Permanently disabled or chronically ill
✅ Less than 10 years younger than the deceased

Instead, you may qualify for a different set of withdrawal rules.

👉 Consider working with a trusted financial professional team like us.
Penalties may apply for missed Required Minimum Distributions (RMDs). Different minimum distribution requirements may apply to a surviving spouse of an IRA owner, a disabled or chronically ill individual, an individual who is not more



Source: IRS.gov, August 26, 2024.
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary

08/07/2025

🕒 The SECURE Act changed the game for inherited IRAs.

Now, most non-spouse beneficiaries must withdraw all funds by the end of year 10.

But here's the twist:

📊A Required Minimum Distribution (RMD) must be distributed by the end of the 10th calendar year after the year of the individual retirement account (IRA) owner's death. Penalties may apply for missed RMDs. Different minimum distribution requirements may apply to a surviving spouse of an IRA owner or a disabled or chronically ill individual.



Source: IRS.gov, August 26, 2024.
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary

08/04/2025

📌 If you've inherited an individual retirement account (IRA), you might be sitting on a powerful financial opportunity, but keep in mind that rules have changed in the past few years.

The SECURE Act’s 10-year rule means many beneficiaries must empty the account within 10 years of the original owner’s passing. Some exceptions apply.

👉 Consider speaking to our trusted financial professional team for guidance.
👉 Penalties may apply for missed Required Minimum Distributions (RMDs). Different minimum distribution requirements may apply to a surviving spouse of an IRA owner, a disabled or chronically ill individual, an individual who is not more


Source: IRS.gov, August 26, 2024.
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary

01/14/2025

Here's a common strategy high earners use: The backdoor Roth conversion! It involves moving money from a traditional IRA to a Roth IRA. Talk to your financial professional to see if it makes sense for you.

Use this article to start conversations about the “backdoor” Roth IRA strategy.

01/14/2025

Wall Street has a lot of cliches. How many do you know?

Pundits say a lot of things about the markets. Let's see if you can keep up.

10/22/2024

On the eve of the SMU versus Stanford University football game. Honored to attend the SMU On The Pony Express happy hour with Billy Embody, and generously hosted by SMU benefactors Bill & Liz Armstrong at their beautiful Epoch Estate Wines. With Matthew Medina, SMU Football, SMU Mustangs

10/12/2024

Special thanks to Insperity and Joseph Kim for hosting a "suite" afternoon at the races today at Santa Anita Park. I had the honor to interview horseman, and my good friend, Mike Pender, to share his insights as a trainer and bloodstock agent.

10/06/2024

On September 21, Elizabeth House (Where Love Embraces Life) celebrated their 30th Anniversary Gala. With Executuve Director, Jill Barrentine Hammer.

10/04/2024

It has become a tradition for@Stefanie Rzepecki and I to snap a photo when we attend a conference together. Great seeing you again Stef!

10/03/2024

Kicking off HUB / GRP Thrive at The Phoenician, a Luxury Collection Resort, Scottsdale

With Stefanie Rzepecki, John Biondo and The 401k Coach® Charlie Epstein

10/01/2024

At The Phoenician, a Luxury Collection Resort, Scottsdale for the Annual HUB/GRP Conference. Lia Bliss delivered a great presention, "Adapting to a Digital Age".

What was your favorite conference you attended this past year?