Attention Non-Spouse 10-Year Beneficiaries: 2030 Is Rapidly Approaching

If you inherited an IRA or other retirement account from a non-spouse after December 31, 2019, the SECURE Act’s 10-year rule may create a major tax event in 2030. Many beneficiaries don’t realize how much the account can grow during the 10-year window—potentially forcing large taxable withdrawals if they wait until the final year. In this article, we explain how the 10-year rule works, why 2030 is a high-risk tax year, and planning strategies that can reduce the tax hit long before the deadline arrives.