There has been a lot of confusion surrounding the required minimum distribution (RMD) rules for non-spouse, beneficiaries that inherited IRAs and 401(k) accounts subject to the new 10 Year Rule. This has left many non-spouse beneficiaries questioning whether or not they are required to take an RMD from their inherited retirement account prior to December 31, 2023. Here is the timeline of events leading up to that answer…….
Contact Michael Ruger with Questions: 518-477-6686 or [email protected]
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Here is also our detailed video on all of the distribution options for non-spouse beneficiaries: https://youtu.be/IAT-P7Chvi8