Inherited Company Savings Plan

My wife has inherited a company savings plan had has to make a choice. She is being told that she has to move the money to either an Inherited IRA or into a Brokerage account. From what I know, she is going to end up paying taxes on the money either way. Is she better off just moving the money to a brokerage account and investing in EFT/Mutual Funds or doing the Inherited IRA and taking the required distributions over the next few years?

Also, the company managing the company savings plan is Voya. They are pushing her towards a brokerage account. They are the most expensive firms on the market. Is there a way to move the money to a brokerage account with a different firm?


Thanks for any feedback