SECURE Act

The SECURE Act requires distribution of an IRA within 10 years of the owner’s death. For a minor beneficiary who is a child of the IRA owner,, the commencement of the 10 years begins after the minor reaches the age of majority. Has the IRS provided any clarification of the age of majority under the SECURE Act? Thank you.



Not yet. The age of majority for determining when the 10 year rule kicks in extends during the time the child is pursuing “a specified course of education”, up to age 26.  This term has not been defined by the IRS.



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