Updated Rules for Inherited Retirement Accounts

J Todd Renner, CPA, CGMA J Todd Renner, CPA, CGMA

J Todd Renner, CPA, CGMA

Principal at Woodford Financial PLLC - Delivering superior financial management strategies and techniques for SME's and non-profits. Investment advisory services offered through Avantax Advisory Services?.

发布日期: 2021年9月22日
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I found a great summary on cNBC recently regarding changes in the 2019 Secure Act as they relate to inherited retirement accounts. In the past, it was possible to make distributions from inherited retirement accounts based on the estimated life expectancy of the recipient. However, many beneficiaries must now make those distributions over a 10-year timeframe instead.

Please see the article linked below for more information.

https://www.cnbc.com/2021/09/08/heres-how-to-avoid-costly-mistakes-if-you-inherit-a-401k-or-ira.html

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