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Senate Targets “Stretch” IRA’s for Elimination

The Senate is considering eliminating the “stretch IRA”,  a popular estate planning strategy that allows a beneficiary of a non-spouse IRA to  stretch out required minimum distributions (RMD) over their life expectancy. The provision requires inherited IRAs to be distributed within 5 years of the original owner’s death. The provision is included in the “Highway Investment, Job Creation and Economic […]

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