I know someone who inherit IRA monies because of the death of a love one.

She is over 60, She can withdraw it or keep it in the account.

How often is she able to withdraw from it without penalty?

Is she able to keep up with its status (to see how well its doing with its investments)?

Any tips will be appreciated.

Thanks in advance.

Shouldn't she be talking to the bank that where the IRA's are held? That would be the most logical thing to do.