Inherited IRAs – New Rules You Need To Know - Make retirement planning Easier Subscribe Now: Schedule Your FREE Retirement Assessment Today Download Our Retirement Toolkit: Inheriting an IRA can be very complicated. If you have inherited an IRA or plan to inherit an IRA in the near future, then this is an important video for you. With the passing of the Secure Act at the end of 2019, the rules for how you must distribute an inherited IRA changed. There have been recent updates over the past few months that have changed the initial interpretation of the Secure Act rules. If you are inheriting an IRA from your spouse, things are still pretty simple. It is when you are a non-spousal beneficiary of the IRA that things can get complicated. It can become even more complex if the original owner of the IRA was taking Required Minimum Distributions (RMDs). The Secure Act Established the 10-year rule for inherited IRAs and in this video, we look at the exceptions to that ru
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