Confirmed Changes to Required Minimum Distributions (RMDs) – Impact on Inherited Accounts

Joe Biden

Retirement accounts aren’t solely for the original account holders. They can be passed on to heirs, allowing them to benefit from years of savings. However, beneficiaries have long faced challenges in knowing how and when to withdraw funds from these accounts, which remains a significant issue. Secure Act Changes The Secure Act of 2019 introduced … Read more