IRA Trust Client Summary

Under the SECURE Act, post-death required minimum distributions (RMDs) to a "designated beneficiary" (e.g. children) can no longer be "stretched" over that beneficiary's life expectancy. Instead, the designated beneficiary's "inherited" IRA (and/or "inherited" qualified plan) must be completely distributed out to the beneficiary as of December 31st following the tenth anniversary of the IRA/qualified plan owner's death (e.g. 12/31/2030 for an IRA/qualified plan owner dying in 2020). This chart walks you through whether the owner’s IRA should be payable to