November 7, 2022
Proposed Regulations for Inherited IRAs Bring Unwelcome Surprises
When Congress enacted the SECURE Act in 2019, one of the noteworthy changes related to the period over which beneficiaries were required to take IRA distributions. Before the SECURE Act, beneficiaries of inherited IRAs could “stretch” the required minimum distributions (RMDs) over their entire life expectancies. The stretch period could be decades for younger beneficiaries, […]
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