Weighing in on disputed language in IRS 10-year RMD rule

Wednesday, April 28, 2021

News & Press

Here’s an update to my earlier article on IRS’s interpretation of how the SECURE Act 10-year rule will work for beneficiaries of individual retirement accounts. I am now 100% convinced that the idea of annual required minimum distributions under the 10-year rule was an IRS error that will soon be corrected. As of this writing, IRS has still not officially said this publicly or corrected the publication, but some sources have said that IRS officials have told them this privately.