Gehen Sie mit der App Player FM offline!
The IRS Gave Us A Gift (Or Did They?)
Manage episode 419760624 series 2510975
In today’s episode, we’re going to discuss the ongoing confusion surrounding inherited IRAs and Required Minimum Distributions (RMDs). The SECURE Act introduced a 10-year rule for withdrawing inherited IRA funds, replacing the old stretch IRA rules that allowed beneficiaries to spread distributions over their lifetime. However, the IRS has yet to finalize the regulations on whether beneficiaries need to take annual RMDs if the original account owner had already started them.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:09 – The SECURE Act changes/confusion around RMDs
5:16 – The potential consequences of delaying distributions
7:54 – Proactive planning with your financial advisor about IRA distributions
CNBC Article:
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
238 Episoden
Manage episode 419760624 series 2510975
In today’s episode, we’re going to discuss the ongoing confusion surrounding inherited IRAs and Required Minimum Distributions (RMDs). The SECURE Act introduced a 10-year rule for withdrawing inherited IRA funds, replacing the old stretch IRA rules that allowed beneficiaries to spread distributions over their lifetime. However, the IRS has yet to finalize the regulations on whether beneficiaries need to take annual RMDs if the original account owner had already started them.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:09 – The SECURE Act changes/confusion around RMDs
5:16 – The potential consequences of delaying distributions
7:54 – Proactive planning with your financial advisor about IRA distributions
CNBC Article:
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
238 Episoden
Alle Folgen
×Willkommen auf Player FM!
Player FM scannt gerade das Web nach Podcasts mit hoher Qualität, die du genießen kannst. Es ist die beste Podcast-App und funktioniert auf Android, iPhone und im Web. Melde dich an, um Abos geräteübergreifend zu synchronisieren.