To calculate your RMD, the IRS will use a formula that includes your total account balances, your age, your life expectancy, and your beneficiary life expectancies. If you inherit an IRA for someone ...

Take Becka, a hypothetical married mother of three who inherited her mom’s individual retirement account (IRA). She needs to take a required minimum distribution (RMD) of $10,000 in 2025, but there’s ...

The Secure Act caps the time nonspouse beneficiaries have to cash out inherited IRAs at 10 years after death, which creates a shorter window for the inherited IRA to be taxed. In 2025, the Secure Act ...

I’m sorry to hear about your mom's passing. Required minimum distributions (RMDs) from inherited IRAs are one of the most confusing things that most people will have to deal with. That's partially ...

The SECURE acts introduced several major changes to RMDs over the last few years. The changes impact both retirees and those who inherited an IRA within the last five years. Knowing the rules could ...

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...

My father passed away in 2016 at the age of 67 and my mother inherited his traditional IRA. She is treating it as her own. He had not started any RMDs prior to his death. A few statements in the ...

Question: “My wife died in 2017, the year prior to her 70 ½ birthday. We were both 69 when she passed. I was the sole beneficiary of her regular IRA and kept her account separate from my own IRA. My ...

The SECURE Act upended inherited IRA planning and now, the clock is ticking. As we enter the critical second half of the 10-year distribution window for many post-2019 beneficiaries, financial ...

I inherited an IRA from my mother who was already taking RMDs when she passed away. Am I required to take RMDs from the inherited IRA, or does the IRA simply need to be depleted by 10 years from the ...