ira 10 year rule | BTCC Knowledge

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The IRS has implemented a change to the Inherited IRA rules, introducing the 10-Year Rule. This rule mandates that beneficiaries must withdraw all funds from an inherited IRA within 10 years, eliminating the previous stretch-out option. This update aims to prevent tax evasion and ensure compliance with excise tax regulations. Understanding the updated rules is crucial for protecting your inherited IRA from excessive taxation.

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