Monthly Archives: July 2024

Family Tree

On July 18, 2024, the IRS finalized new rules that change how most beneficiaries inherit retirement accounts like IRAs and 401(k)s. These regulations now require most non-spouse beneficiaries to withdraw all funds within 10 years of the original account holder’s death and, in many cases, take annual Required Minimum Distributions (RMDs) during that period. This […]

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