What are my Stretch IRA distributions?

Under the new SECURE Act signed into law December 2019, non-spouse beneficiaries will have to withdraw all the funds in the inherited IRA within 10 years from the death of the original account owner. It applies to IRAs inherited after Dec. 31, 2019. By naming an “eligible designated beneficiary” (EDB) on your IRA account (spouse, minor children up to majority age, disabled or chronically ill individuals, etc) it will provide the EDB the opportunity to "stretch" out the IRA proceeds over his/her life expectancy. This gives the EDB more time to take advantage of the tax-deferral status of the IRA assets. Please keep in mind that distributions will be subject to any applicable federal and state income taxes. Use this calculator to provide a hypothetical projection of the required minimum distributions for you and your beneficiary. For non EDBs the calculator will amortize the withdrawals over the new required 10 year period.
Your Information
MonthDayYear
What is your date of birth?
Let the system calculate your actuarial life? 
If "No", what is your hypothetical age at death?help
What was the year-end balance of your account last year? ($) 
What is the anticipated rate of return? (%)help
First Beneficiary
MonthDayYear
What is the beneficiary's date of birth?
Is your spouse the beneficiary? 
If "Yes", let the system calculate your spouse's actuarial life? 
Is the non-spouse beneficiary an EDB (eligible designated beneficiary)? 
If "No", what is the spouse's hypothetical age at death?help
Second Beneficiary (Complete ONLY if spouse is the First Beneficiary)
MonthDayYear
What is the beneficiary's date of birth?
Is the non-spouse beneficiary an EDB (eligible designated beneficiary)? 
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

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