Tags
10-Year Rule, Account Owner, Inherited IRA, Non-Spouse Beneficiary, RMD, Secure Act, Single Life Expectancy, Stretch IRA, Traditional IRA
To improve retirement security for many Americans, congress passed the Secure Act on December 20, 2019. The Secure Act changes some rules relating to the Traditional IRA and the Inherited IRA. Naturally, with any change in legislation, there are benefits and costs associated with the change.