New IRS View on 10-Year Rule Means Some IRA Beneficiaries Must Pivot
Jul 28, 2022
By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
The IRS issued proposed RMD regulations in February that contradict the widespread industry interpretation of the 10-year rule. This means certain misinformed beneficiaries may owe a 50% excise tax on untaken RMDs and need to be contacted with updated information.