How Required Minimum Distributions Can Clobber Your Heirs

Episode 24 of Retirement Planning with Fexingo dives into the often-overlooked tax bomb that inherited retirement accounts can trigger for your beneficiaries. Lucas and Luna break down the SECURE Act’s 10-year rule, the difference between designated and non-designated beneficiaries, and why a charity can be a smarter beneficiary than a child in high tax brackets. They walk through a concrete example of a $500,000 inherited IRA and how it can push an adult child into the 37% bracket. Plus, they discuss stretch IRAs for spouses and how the SECURE 2.0 Act tweaked the rules for surviving spouses. This episode is essential listening for anyone who wants to ensure their heirs keep more of what they inherit, not hand it to the IRS. #RetirementPlanning #InheritedIRA #RequiredMinimumDistributions #SECUREAct #IRAInheritance #TaxPlanning #EstatePlanning #BeneficiaryDesignation #StretchIRA #RMDs #Finance #PersonalFinance #FexingoBusiness #BusinessPodcast #Retirement #Heirs #TaxBomb #WealthTransfer Keep every episode free: buymeacoffee.com/fexingo