Inherited IRA Rules That Can Surprise And Trap Heirs

Congress and the IRS made inheriting an IRA a very complicated, confusing event.

Inherited IRAs are accompanied by a host of little-known rules that are traps for the unwary, and that’s before considering the end of the Stretch IRA and the creation of the 10-year rule that were enacted in the Setting Every Community Up for Retirement Enhancement Act in 2019 and the accompany regulations that were finalized in 2024.