WealthPulse · Wealth Inheritance

import { wrapFetchWithPayment } from "@x402/fetch";
import { privateKeyToAccount } from "viem/accounts";

const account = privateKeyToAccount(process.env.PRIVATE_KEY);
const fetchWithPay = wrapFetchWithPayment(fetch, account);

const res = await fetchWithPay("https://wealthpulse.theaslangroupllc.com/api/wealth/inheritance", {
  method: "GET",
});
const data = await res.json();

curl -X GET \
  "https://wealthpulse.theaslangroupllc.com/api/wealth/inheritance?account_type=traditional&relationship=non-spouse&your_age=45" \
  -H "X-PAYMENT: <signed x402 payment>"

{
  "amazon_link": "https://www.amazon.com/s?k=inherited+IRA+rules&tag=pulsenetwork7-20",
  "amazon_search": "inherited IRA rules",
  "disclaimer": "For informational purposes only. Not tax or legal advice. Inherited IRA rules are complex and the SECURE Act 2.0 introduced significant changes. Consult a CPA or estate planning attorney before taking distributions.",
  "inheritor_category": "Non-Eligible Designated Beneficiary",
  "key_rules_summary": [
    "Account must be fully distributed within 10 years",
    "Annual RMDs required within the 10 years since the original owner had already started RMDs",
    "No stretch IRA option available"
  ],
  "mistakes_to_avoid": [
    "Missing the first RMD deadline",
    "Assuming the old stretch-IRA rules still apply"
  ],
  "rmd_requirements": {
    "applicable": true,
    "calculation_method": "IRS Single Life Expectancy Table",
    "first_rmd_deadline": "December 31 of the year after death",
    "penalty_for_missing": "25% (reduced to 10% if corrected promptly)"
  },
  "step_up_in_basis": {
    "applies_to": "Not applicable to IRAs",
    "explanation": "IRAs do not receive a step-up in basis; distributions remain fully taxable"
  },
  "tax_planning_opportunities": [
    "Take larger distributions in low-income years",
    "Consider a Roth conversion ladder before distributions begin"
  ],
  "ten_year_rule": {
    "annual_rmd_within_10_years": "Yes — the original owner had already reached RMD age",
    "applies": true,
    "explanation": "The inherited IRA must be fully emptied by December 31 of the 10th year after death",
    "optimal_drawdown_strategy": "Spread distributions evenly to avoid a large tax bill in year 10"
  }
}