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How to Calculate RMDs for Inherited IRAs
Expert Opinion May 23, 2024 at 03:23 PM
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What You Need To Know
- The stretch IRA has been unavailable for most account beneficiaries since the Secure Act was signed into law.
- Life expectancy tables remain important for individuals who are determining their annual distributions.
- Without expert advice, clients risk incurring a 25% penalty on any RMD shortfall amount.
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