Under the SECURE ACT - beneficiaries of deceased taxpayers who don't qualify as spouses who are within 10 years in age to the deceased, or others who are provided the "exceptions" to the new general rule are obligated to withdraw the inherited funds within 10 years of the deceased's anniversary.
What rule does a beneficiary follow for RMD when he/she turns age 72 and it's prior to the 10 year date?
Which rule trumps which?
What rule does a beneficiary follow for RMD when he/she turns age 72 and it's prior to the 10 year date?
Which rule trumps which?