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That is, until you realize your loved one has left one to you.
Fortunately, financial expert Suze Orman has her finger on the pulse of all things personal finance.
Beneficiaries were only required to take the usual annual required minimum distributions (RMDs) based on their age.
The answer is yes.
There Are Exceptions
Some beneficiaries are exempt from the new rules.
She also recommends consulting with a trusted tax professional to get tailored advice on how to proceed.
And, in case you were wondering, an inherited Roth IRA also falls under these rules.
She also wants you to be aware that you might withdraw the funds faster if you choose.
If you want to withdraw the money faster, you could, she said.
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