Heirs Face Tax Consequences With Inherited IRAs

Inherited IRA heirs must drain accounts within 10 years Most non-spouse heirs must fully drain an inherited IRA within 10 years. Withdrawing the full balance in Year 1 pushes the entire amount into ordinary income. The average IRA balance is $146,400, according to Q

Inherited IRA heirs must drain accounts within 10 years

Most non-spouse heirs must fully drain an inherited IRA within 10 years. Withdrawing the full balance in Year 1 pushes the entire amount into ordinary income.

The average IRA balance is $146,400, according to Q4 2025 data. Spreading a $257,000 inherited IRA evenly across 10 years keeps each distribution in a lower tax bracket.

The SECURE Act rewrote the inheritance rules for retirement accounts in 2019. Missing the 10-year window results in a steep IRS penalty, while emptying the account too fast can lead to a large tax bill.

Leave a Reply

Your email address will not be published. Required fields are marked *