Navigating Inherited IRAs and New Legislation

This chapter explores the complexities of managing inherited IRAs in light of the SecURE Act 1.0 and 2.0, focusing on the roles of Eligible and Non-Eligible Designated Beneficiaries. It emphasizes the importance of understanding distribution rules, penalties for non-compliance, and strategies like spousal rollovers and Roth conversions to enhance tax efficiency. The discussion aims to equip financial advisors with essential insights and practical approaches for assisting clients in managing their inherited accounts.