New law limits the options with inherited IRA’s

Written on December 19th, 2019 by James

Despite this headline, this affects everyone, not just the wealthy.  If you inherit Mom or Dad’s IRA, you now have to completely liquidate within 10 years.  Before you could stretch it out over a much long period based on your lifespan.

https://www.cnbc.com/2019/12/17/lawmakers-may-kill-this-popular-retirement-tax-break-for-the-wealthy.html