Under the new Secure Act, sticker laws are in place for post-death minimum distributions starting in 2020. Before the required minimum distribution(RMD) rules allowed non-spouse beneficiary’s to stretch out the distributions from an Inherited IRA. The new law changes the way RMD’s are taken if the owner died after 2019. The beneficiary must drain the inherited accounts within 10 years after the account owner’s death. This rule does not apply if you are an eligible designated beneficiary. To classify as an eligible designated beneficiary: (1) you are the surviving spouse of the account holder, (2) a minor child of the deceased account holder, (3) a beneficiary who is no more than 10 years younger than the deceased account owner, or (4) a chronically-ill individual.  For more information click here.