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If you inherited an IRA from someone subject to RMDs after Dec. 31, 2019 and you're not a spouse, minor child, or less than 10 years younger than the original owner, you'll also be subject to RMDs.
Take note that calculating your RMD works a bit differently if your spouse is the only primary beneficiary to your account and is more than 10 years younger than you.
If your spouse is more than 10 years younger, you can name them as the sole beneficiary of your retirement account, which allows you to calculate your RMDs using your spouse’s longer life ...
There are a few exceptions to the rule for qualifying beneficiaries such as spouses, minor children, and beneficiaries who are less than 10 years younger than the account's original owner.
And that distribution will count toward your required minimum distribution for your IRA(s). The Secure 2.0 Act updated the rules on QCDs to add an inflation adjustment starting in 2024. Last year ...
The RMD age has changed significantly over the last few years due to the Secure Act and Secure 2.0 Act. The Secure 2.0 Act raised the age to 73 and also laid the groundwork for another increase in ...
Note that the above RMD table also doesn’t apply to you if you have a spouse who is the sole beneficiary of your IRA and who is more than 10 years younger than you.
What Is the 10-Year RMD Rule for an Inherited IRA? The 10-year RMD rule is a result of the Setting Every Community Up for Retirement Enhancement Act of 2019, also known as Secure 1.0.