Beneficiaries Of Inherited IRAs Get More RMD Relief — For Now

A few years ago, if you inherited an IRA from a parent, the distribution rules were simple: you could stretch withdrawals over your life expectancy. Since, the rules for non-spouses inheriting retirement accounts have been anything but straightforward.

Starting in 2020, most new beneficiaries of retirement accounts were subject to a 10 year rule. This was widely interpreted to mean required minimum distributions (RMDs) were gone, and instead, beneficiaries must take the entire sum within 10 years.