Stretch IRA

By Takara Alexis When you are thinking about your retirement savings, you might have wondered how you could pass your money on to second- and even third-generation beneficiaries. A stretch IRA might be the solution you need. A stretch IRA isn't an entirely different type of IRA. Instead, it's a provision you can add to your current IRA whether it is a traditional IRA, Roth, SEP, or SIMPLE IRA. A