Permalink Submitted by Alan - IRA critic on Mon, 2022-12-05 18:42
Unlimited. The designated beneficiary could be followed by a string of successor beneficiaries. But the year the account must be fully distributed is limited because each successor does not get a new 10 year rule. Once the 10 year rule applies to the first successor, there are no additional 10 year extensions.
Permalink Submitted by Alan - IRA critic on Mon, 2022-12-05 18:42
Unlimited. The designated beneficiary could be followed by a string of successor beneficiaries. But the year the account must be fully distributed is limited because each successor does not get a new 10 year rule. Once the 10 year rule applies to the first successor, there are no additional 10 year extensions.