Final regulations issued on controversial 10-year rule for Inherited IRAs

Inherited IRAs

At a glance:  Schedule a consultation Full story The IRS issued long-awaited final T.D. 10001 regulations on July 18, 2024, largely maintaining the proposed 10-year distribution rule for the inherited IRAs. While the final regulations generally follow the proposed regulations, =, the rules are also applicable for required minimum distributions (RMDs) from qualified plans; Sec.…

Read More