IRS Releases Final RMD Regs on 10-Year Rule

News July 19, 2024 at 10:04 AM
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What You Need To Know

  • The final rules confirm that beneficiaries subject to the 10-year rule must take a distribution each year.
  • With the final rules, retirement accounts are even more complicated to deal with, says Ben Henry-Moreland of Kitces.com.
  • Treasury and IRS also issued proposed regs addressing additional RMD issues under the Secure 2.0 Act.
Required minimum distributions on a notebook