The SECURE Act requires most inherited IRAs to be emptied in 10 years. Learn how to navigate RMD rules and the potential 25% IRS tax penalty. Get your Modern Confidence Score: https://bit.ly/4xGJHf6 Meet with us: https://bit.ly/4ykyDnK Education center: https://bit.ly/46bP75V 0:45 - Welcome to America's Wealth Management Show with Dean Barber RFC® & Chris Rett CFP®. 2:05 - What is the SECURE Act 10-Year Rule for inherited IRAs? 4:30 - How did the 2019 SECURE Act eliminate the original Stretch IRA strategy? 7:07 - What is the IRS excise tax penalty if I miss an inherited IRA distribution? 8:57 - Why inheriting an IRA during my peak earning years creates a major tax trap 13:08 - Why is Congress using inherited IRAs as a hidden "death tax"? Send us a questions to be featured on the show at: [email protected] For more educational content visit: https://www.youtube.com/@MeetModernWealth Check out our other videos: https://youtu.be/BdM-15mxEDM?si=D7AftiJLLwiyPU0f https://youtu.be/O-nGasrm5HE?si=Mup8P2NTi13R9-2Q https://youtu.be/BL2pmLI8dRw Sources: https://www.irs.gov/pub/irs-drop/td-10001.pdf https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser. The views expressed represent the opinion of Modern Wealth Management, a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

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