Secure Act
The Secure Act changed the rules for inherited IRA’s to mandatory complete withdrawal by the 10th year following death of original owner.
My son inherited an IRA in 1997. Is he grandfathered in to lifetime withdrawals?
Also, has any change been made to the Roth IRA tax free status?
Thank you.
Permalink Submitted by Alan - IRA critic on Sat, 2020-11-21 20:14
Yes, your son can continue his life expectancy RMDs. He is not affected by the Secure Act. No changes have been made to the Roth IRA distribution rules since Roths became available in 1998.