New Required Distribution Rules for Non-Spousal Inherited Retirement Accounts

2024-08-14T01:19:16-05:00August 9th, 2024|Categories: A Wealth Plan Blog|Tags: , , , |

History As of January 1, 2020, the SECURE Act[1] required non-spousal beneficiaries inheriting individual retirement accounts (IRAs) or 401(k)s to withdraw all money in the account within ten years of the decedent’s death.[2]  [...]