What Your Advisor Should Tell You About RMDs From Inherited IRAs

Episode 54 of The Financial Advisor Podcast tackles the SECURE Act's biggest legacy landmine: the 10-year rule on inherited IRAs. Lucas and Luna break down the IRS's 2024 final regulations, the difference between eligible and non-eligible designated beneficiaries, and why taking zero distributions for nine years then blowing out the account can trigger a massive tax bill. Using a concrete example of a $500,000 inherited IRA, they walk through the math of annual distributions versus the lump-sum trap. They also cover the tricky interaction with the IRS's new life-expectancy tables for surviving spouses, and why advisors who still say 'just wait until year 10' are giving bad advice. Practical, scenario-based guidance for anyone who will inherit or has already inherited a retirement account. #InheritedIRA #SECUREAct #RMD #RequiredMinimumDistributions #EligibleDesignatedBeneficiary #NonEligibleDesignatedBeneficiary #10YearRule #IRSRegulations #RetirementPlanning #BeneficiaryStrategies #TaxPlanning #StretchIRA #FinancialAdvisor #EstatePlanning #IRAInheritance #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo