Inheriting an individual retirement account (IRA) comes with specific tax obligations that can feel overwhelming during an already difficult time. One of the most important requirements to understand ...

The get-out-of-jail card that has allowed many IRA and plan beneficiaries to forego annual required minimum distributions (RMDs) is about to expire. In its 2022 proposed regulations, the IRS took the ...

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In January 2020, the SECURE Act went into effect, significantly changing the rules for retirement accounts. In January 2022, we got SECURE 2.0. Then, later in 2022, we got “proposed regulations” from ...

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 ...