The New IRS 10-year RMD Rule Isnt What We Thought It Was, Ep #242
If you have received an inherited IRA or think you will in the future you won\u2019t want to miss this episode. In the retirement headlines segment, we\u2019ll take a look at the proposed changes in regulations regarding inherited RMDs based on the Secure Act of 2020.
In the listener questions segment, we\u2019ll hear from Jim who has a question about rebalancing retirement income buckets. Make sure to stick around until the end so that you understand the best way to manage your buckets in retirement.\xa0
Outline of This Episode- [1:32] The IRS interpretation isn\u2019t what we thought it would be
- [7:36] An example to illustrate an inheritance scenario\xa0
- [10:45] What can we learn from this new rule?
- [14:25] Should you have 5 years of income or 25% of your portfolio value in bucket #1?
- [17:18] Should you rebalance when stocks and bonds are down?
- [18:56] Do Vanguard total bond funds qualify for bucket #1 or #2?
- [22:03] Should you maintain a small list of funds in a portfolio?
- Get the Retire-Ready Toolkit:\xa0http://retirementstartstodayradio.com/
- Follow Ben on Twitter:\xa0https://twitter.com/retiremeasap
- Subscribe to the newsletter:\xa0https://retirementstartstodayradio.com/newsletter
Subscribe to Retirement Starts Today on
Apple Podcasts,\xa0Stitcher,\xa0TuneIn,\xa0Podbean,\xa0Player FM,\xa0iHeart, or\xa0Spotify