Breaking Down The IRS's New Finalized Regulations On Inherited Retirement Accounts, #215

Retire With Ryan

If you’ve inherited an IRA from someone who wasn’t your spouse since 2020, you can’t miss this episode. Why? The IRS has finally cleared up a lot of questions that had been left unanswered about inherited IRAs from a non-spouse. Though I’ve covered the topic in previous episodes, I wanted to break down the regulation further in this episode.

You will want to hear this episode if you are interested in...

• [1:57] The SECURE Act’s impact on inherited IRAs
• [4:21] The new IRS regulations
• [6:30] Eligible designated beneficiaries
• [7:52] Non-eligible designated beneficiaries
• [11:07] Do some tax projections
• [12:34] Satisfying distribution requirements

Resources Mentioned

• Retirement Readiness Review
• Subscribe to the Retire with Ryan YouTube Channel
• Fiduciary: How to Find, Hire, and Establish an Aligned and Trusted Partnership with a Fee-Only Financial Advisor
• IRS Single Life Expectancy Table
• Episode #180: New Beneficiary IRA Distribution Requirements
• Episode #200: IRS Update for Inherited IRAs and Roth IRAs

Connect With Morrissey Wealth Management

www.MorrisseyWealthManagement.com/contact

Subscribe to Retire With Ryan