InheritIQ: App

By Christian Pedersen on AppTrack Ninja.

Inherited IRA 10-Year Planner

Inherited an IRA or 401(k) after 2019? The SECURE Act usually requires you to empty it within 10 years — and the IRS now charges a 25% excise tax on a missed required minimum distribution. InheritIQ helps non-spouse beneficiaries stay ahead of the deadline with a clear, year-by-year withdrawal plan. Enter the account balance, the original owner's age at death, and your estimated tax rate. InheritIQ models a 10-year schedule using the IRS Single Life Expectancy Table — showing each year's required minimum, a suggested even-paced withdrawal that avoids a painful year-10 lump sum, your projected…

Categories: Finance

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