Wednesday, February 18, 2026

Inheriting an IRA? The rules have changed.

Also: Corporate profits vs. worker wages ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Feb 18 2026

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Inherited money is great. But if it's a retirement account, Medora Lee reports, beneficiaries need to know some new rules or face potentially paying a steep penalty to the IRS.

Corporate profits vs. worker wages

An economic measurement that compares corporate profits to employee compensation has hit the highest mark on record back to the end of World War II, Andrea Riquier reports, a stark reminder of America's K-shaped economy.

📰 More stories you shouldn't miss 📰

New Ikea stores are coming in 2026. . .
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And here's a popular story from 2025 that you may have missed. Read it! Share it!

Starting late last year, Amazon Prime members who wanted to share shipping perks with other customers had to live together at the same primary residential address, a change from previous practice.

Here's a story on the new rules about sharing Prime perks.

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news.   Subscribe here.

Sydney Teng, 24, poses for a portrait at the offices of Evergreen Health, the health care non-profit where she works. Teng is already investing in a 401(k), contributing 6% of her roughly $50,000 salary to the retirement savings account. The money deducted from her regular paycheck is invested in a target-date fund that eyes retirement around the age of 67. The fund is 90% invested in stocks.

New IRS rules for inherited IRAs became effective last year. Pay attention to avoid a 25% penalty and a "tax bomb".

How much of the economy is accruing to workers?
 

Corporate profits v. worker wages: the gap has never been wider

The K-shaped economy is playing out in the battle of workers vs. capital, and corporations are winning.

The Amazon Prime app is seen on a mobile phone on Jan. 11, 2021.
 

Amazon cracks down on shared Prime accounts. Here's who is impacted.

Amazon is ending its program allowing members to share shipping benefits with people outside of their household, instead shifting to household-only sharing.

The logo of the IKEA store in Anderlecht, Brussels, pictured on Wednesday 17 September 2025.
 

IKEA is opening 10 new locations in 2026. Are there any near you?

Your city might soon be getting some new furniture with a side of Swedish meatballs as IKEA plans to open ten new locations across the U.S.

Fast food chain Wendy's will shutter 5% to 6% of its stores nationwide in the first half of 2026.
 

Wendy's to close roughly 300 stores nationwide in first half of 2026

The fast-food giant currently has around 6,000 locations nationwide, some of which have already closed as part of planned store reductions.

Crowds of people, including foreign tourists, enjoy the sun and the sea on August 21, 2020, in Split on the central Adriatic coast. - As United Kingdom removed Croatia from the list of "safe countries" to travel due to rising number of cases of COVID-19 throughout the country, many British tourists arrived at airport to return back to their country because of stricter measures when returning from Croatia. (Photo by Damir SENCAR / AFP) (Photo by DAMIR SENCAR/AFP via Getty Images)
 

No more drunken tourists: Sea-side city introduces alcohol ban

The coastal Croatian city of Split will ban the sale of alcohol in some establishments starting this summer.

President Donald Trump speaks to the press before signing a proclamation renaming the Gulf of Mexico as the Gulf of America aboard Air Force One at Palm Beach International Airport in West Palm Beach, Florida, on Febrary 09, 2025.
 

Trump trademarks his name as Florida prepares airport renaming

The president has a long history of naming things for himself.

Customers sit in a Tesla Model Y electric vehicle at the carmaker's delivery center in Beijing, China January 8, 2025.
 

The number of used EVs is rising. Here's why they're here to stay

The number of used electric cars is on the rises as leases that were popular when the federal government offered tax credits are being returned.

What's one way to feel happier? Go on a trip. According to G Adventures' recently released Happiness List 2026, 89% of Americans agree that purpose-driven travel contributes to their long-term happiness, offering a sense of wonder along with a chance to decompress and find connection. Here are 10 travel experiences that G Adventures' travelers said made them feel happiest.    Panama's San Blas Islands are perfect for unplugging in exchange for enjoying turquoise waters and white sand. Travelers can stay in Indigenous-owned accommodations, including traditional huts, and explore the archipelago on boat trips.
 

These 10 trips made travelers happiest, according to a new survey

A new G Adventures survey reveals why purpose-driven trips make travelers happier, and which 10 experiences deliver the biggest joy boost.

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At least eight skiers were killed in an avalanche northwest of Lake Tahoe. One skier is still missing. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ...