How to Treat Inherited Individual Retirement Accounts

March 8, 2012By Kimberly Hoang

The SECURE Act, which became effective on January 1, 2021, changed the rules for inherited IRA’s. Prior to that, the rules were very beneficial to non-spousal beneficiaries. The act upended the “life expectancy” rule for distributions and, in its place, created the 10-year rule for non-spousal beneficiaries. The act establishes a time period of 10 Read the full article…