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No More Waivers: IRA Beneficiaries Must Take RMDs in 2025
Expert Opinion November 13, 2024 at 03:16 PM
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What You Need To Know
- Many clients skipped taking RMDs from inherited IRAs over the past few years.
- With exceptions, beneficiaries who inherit retirement accounts must empty them within 10 years of the original account owner's death.
- Clients who waived RMDs may end up with a larger-than-expected distribution in year 10.
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