β€œAn investment in knowledge pays the best interest.” – Benjamin Franklin

The New Inherited IRA Rules

Do you know what has changed for IRA beneficiaries?

New inherited IRA rules took effect on January 1, 2020. The Setting Every Community Up for Retirement Enhancement (SECURE) Act became law on that day, altering the regulations on inherited Individual Retirement Account (IRA) distributions.

The big change: the introduction of the 10-year rule for beneficiaries.

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