New IRS Guidelines on Inherited IRA Distributions: 12 Things to Know

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One of the most significant changes made by the SECURE Act limits the distribution period to 10 years for designated beneficiaries. An example provided by the IRS in Pub. 590-B has led to some confusion. Here we sort it out.

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Explore details on the impact of the SECURE Act, which has created three distinct groups of beneficiaries, one of which must now contend with the 10-year rule for inherited retirement accounts. For the other two groups, much less has changed.