IRS Extends Deadline for Required Withdrawals from Inherited Accounts

Wednesday, 17 April 2024, 17:09
The IRS has announced a significant extension for heirs who have inherited retirement accounts, allowing them more time to keep their money before required withdrawals. This delay, now extended until 2024, is aimed at providing beneficiaries with greater flexibility and tax advantages in managing their inherited assets.
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IRS Extends Deadline for Required Withdrawals from Inherited Accounts

Inherited Retirement Accounts RMD Delayed

The Internal Revenue Service (IRS) has announced a significant extension for heirs who have inherited retirement accounts, allowing them more time to keep their money before required withdrawals. This delay, now extended until 2024, is aimed at providing beneficiaries with greater flexibility and tax advantages in managing their inherited assets.

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