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Mike Piper: bequest planning

Bogleheads® Live

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The Benefits of a Longer Life Expectancy

The strategy works because those tax-deferred assets, such as a traditional IRA that Mike Piper just mentioned, have an embedded tax bill. The larger the account balance is, of course, the larger the implications of that will be for your heirs. A longer life expectancy could mean a greater chance of a very small balance if you're going to spend it down over time.

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