IRA Heirs Can Delay RMDs Another Year, But Should They?

The IRS recently announced that in 2024, for the fourth consecutive year, IRA beneficiaries don’t have to take the annual required minimum distributions (RMDs) described in the proposed regulations interpreting the 10-year rule of the SECURE Act.

Recall that in late 2019 the Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted.