A short YouTube presentation by Craig Wear, CFP® introducing that there are three different 10-year rules governing inherited IRAs, explaining these distinctions in plain English and noting that the SECURE Act (1.0) changed how inherited IRAs are handled. The speaker aims to give bottom-line, practical guidance for people affected by inherited IRAs.
So today I want to talk about, try to give you in just simple English, explain to you that, you know, you've heard of this 10 year rule if you have an inherited IRA. There's actually three different 10 year rules and they're pretty important distinctions to be made. And I don't really read a lot about this. I don't hear a lot about it. In fact, sometimes I even forget about it because it's not real common. But if it impacts you and if you have an inherited ira, this is going to impact you in one regard, one way or the other. So I want to try to make it just kind of bottom line, simple English, not make a big deal out of it, help you to understand how this has an impact in your life and what you need to really be aware of. So let me back up just real quickly. Secure Act 1.0 changed everything in inherited IRAs.
