The 10-Year Rule: What Your Heirs Have to Do With an Inherited Metals IRA
The inherited IRA 10-year rule is a deadline for distributing an account, not simply selling its investments. For a beneficiary subject to the rule, the remaining balance must leave the IRA by December 31 of the tenth year following the owner’s death. Some beneficiaries also have annual required minimum distributions, or RMDs, before then. A … Read more