Mike Piershale introduces “Mike in a Minute,” a video series answering your questions on personal finance

Mike Piershale, president of Piershale Financial Group, will be featured in his very own Skypecast series, “Mike in a Minute.” The series will address the top questions in personal finance today -- in 60 seconds or less.

In our first segment, Mike offers insight on inherited IRAs and why it serves as a powerful tax shelter for heirs. Weighing in on the differences between inherited IRAs and traditional IRAs, Mike mentions that heirs are forced to take minimum taxable distributions every year with an inherited IRA account. However, he explains that these taxable distributions provide opportunities for heirs to avoid major tax losses.







Be sure to check this space for more “Mike in a Minute.” We’ll be adding a new segment each week!