Tag: SECURE Act inherited IRA rules

The SECURE Act and the 10-Year Rule. What Changed for Inherited Retirement Accounts?

In 2020, the rules for inherited retirement accounts changed in a significant way. For many years, most beneficiaries could “stretch” withdrawals from an inherited IRA over their lifetime. This meant they could take small required withdrawals each year based on their life expectancy, allowing the remaining funds to continue growing tax-deferred for decades. That assumption shaped many estate plans. Beginning…