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As of 7/18/2024: The Department of the Treasury and the IRS issued final regulations regarding required minimum distribution rules for inherited IRAs. We are currently reading through the final regulations and will be making updates to this guide in the coming weeks. As it stands presently, this guide is now out of date. We will update this disclaimer language once the changes have been made and the guide has been re-designed. Thank you.
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Retirement / Decumulation, Tax Planning, Assets and Investment Planning

Can I Delay Distributions From The Traditional IRA I Inherited?

Guide Last Updated 12/1/2023

**This guide has been updated to incorporate new changes made by The SECURE Act 2.0 that are effective for the 2024 year. Any SECURE Act 2.0 changes that are effective for 2025 will be incorporated into this guide at the start of the 2025 year.

There are a few options a client can consider when they inherit a traditional IRA from a non-spouse. The key consideration for most clients is the timing of distributions from the account, but the rules and implications of each option can be confusing.

To help make the analysis easier, we have created the “Can I Delay Distributions From The Traditional IRA I Inherited?” flowchart. It addresses common issues that arise when a client inherits a traditional IRA from a non-spouse, including:

  • Beneficiary classifications under the new SECURE Act rules
  • Distributions under the 10-Year Rule
  • RMDs under the Life Expectancy Rule
  • Twice-inherited IRAs
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