Inherited I.R.A.

Submitted by Frank Dogger on Tue, 2020-08-18 17:27

If the beneficiary of an inherited I.R.A. dies, can the subsequent beneficiary continue the stretch or will they come under the new 10 year rule?
Thanks – Frank Dogger



Submitted by Alan - IRA critic on Tue, 2020-08-18 20:28

When did the owner pass, and when did the beneficiary pass? 

Submitted by Frank Dogger on Wed, 2020-08-19 12:02

The owner died a few years ago, the beneficiary died last month. Thanks – Frank

Submitted by Alan - IRA critic on Wed, 2020-08-19 14:56

In this situation, the successor beneficiary is subject to the 10 year rule as stated in the Secure Act. No annual RMDs, but entire account must be distributed no later than 12/31/2030. 

Add new comment

Log in or register to post comments