Are you confused about the IRA rules and Required Minimum Distributions (RMDs) with all the recent changes brought by the SECURE Act? The second part of this series covered:
Part 2 – Inherited IRAs: What Beneficiaries Need to Know
Key Topics Covered:
- SECURE Act Overview: Key changes affecting inherited IRA RMDs.
- Impact on Beneficiaries: Understanding inherited IRA RMD rules for traditional IRAs and differences for inherited Roth IRAs, the 10-year payout rule, and strategies for beneficiaries to manage their inherited accounts.
- Planning Strategies: Tips to avoid penalties and minimize taxes.