non qualified inherited annuity
With the new clarification on secure act does that impact inherited non qualified annuity. are annual RMD’s required or can beneficiary wait and take everything out at the end?
With the new clarification on secure act does that impact inherited non qualified annuity. are annual RMD’s required or can beneficiary wait and take everything out at the end?
Permalink Submitted by Alan - IRA critic on Wed, 2022-03-23 22:44
The Secure Act does not affect NQ annuities. Generally, the insurer offers either the 5 year rule or the life expectancy stretch.