Let's talk about the required minimum distribution rules from inherited IRAs in this, the 97th episode of the Retirement Planning Education Podcast.

Welcome to the Retirement Planning Education Podcast, where you can learn all about IRAs and Roth IRAs, employer retirement plans, taxes, social security, Medicare,

portfolio withdrawal strategies, annuities, estate planning, and much more. And now here's

your host, Andy Panko. Hello, everybody. Welcome back. Thank you, as always, for listening. I

definitely, definitely appreciate it. Today we have a messy one. There's no other way to say it.

Today I'm going to be discussing the required minimum distribution rules around inherited IRAs.

This is, in my opinion, one of the most, if not the most, complicated and convoluted sections of the tax code, you know, around the

rules of how and when and how much you need to take out of inherited retirement accounts,

such as IRAs. So today I'm just going to speak in the context of IRAs. A lot of these rules

apply the same to employer plans, like like 401ks, but there are some unique

twists and turns to those that I won't get into. I mean, generally speaking, you can just roll

those if you inherit one of those, you can roll those into an IRA and inherited IRA and go from

there. But I'm just going to keep it as simple as I can and limit this just to IRAs for now.

But before I get into it, I wanted to let you all know that I'm writing a book about reverse

psychology. Please don't buy it.

Wait, did I just say that?

And next, a little quick story for you.

I once walked into a seafood restaurant and asked for a lobster

tale. The waitress smiled sweetly and said, once upon a time there was this handsome lobster. Oh,

boy. Did I just go there? Did I just go? Yes, I just went there. Okay. Let's move on. So

IRAs inherited IRAs in particular, the money can't stay in them forever. So just some,

some framing to this, there's something called RMDs or required minimum distributions for

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