<prompt> Human: I am 30, with about 20,000 in a 401K. My mother had an IRA that is being split between My brother and I. I will get 60,000. My question is, does it make more sense to put this into my existing 401K, or would it be advantageous to open another retirement account? For example have one with more conservative investments and one that is more aggressive. I recently paid off my student debt and started thinking about putting more away, and this situation coincides with this.Assistant: Youll have to keep it in an inherited IRA since youre not a spouse beneficiary. Youll also nee to make sure you take the Required Minimum Distributions each year. You can calculate this yourself or the company that holds the IRA should be able to do it for you. Id just move it to Vanguard. Human: My mother was only 55, so i dont believe the minimum distribution applies at this point, but correct me if Im wrong. Thanks you though, the lawyer assisting with the estate said I could move it to my 401K, but may be misinformed.  <response>: Wrong. RMDs are required starting before end of year after your mother died. This is one reason why the inherited IRA needs to be kept separate from other accounts. You need to title the inherited IRA correctly and split it from your siblings portion, so you can use your age to compute RMDs. Read up about non-spouse beneficiary of inherited IRA.Here is a start: 