The IRS has released IRS Notice 202435, which waives Required Minimum Distributions (RMDs) for certain inherited IRAs in 2024. This update could significantly impact financial and estate planning, especially for those subject to the SECURE Act's 10year rule. Join attorney Andrew Bethel as he explains what this waiver means for you, whether you're managing personal RMDs or inherited IRAs. He delves into the SECURE Act, the 10year rule, and strategies for minimizing your tax burden. Discover how the waiver affects estate planning, personal and inherited IRA obligations, and how it can influence your financial goals. Don't forget to like, subscribe, and share this video with anyone interested in estate planning or who has recently inherited an IRA.

0:00 Introduction & Background
0:32 The SECURE Act and IRS Notice 202435 Explained
1:53 RMDs for Inherited IRAs Amid Personal RMD Obligations
3:35 Practical Strategies for Managing Your RMDs
5:04 Implications for Individuals & Families
5:29 Estate Planning Considerations
6:20 We’re Done with Taxes

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Disclaimer
Viewing this video does not create the expectation of an Attorneyclient relationship. The information from this video is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation.