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INDUSTRY NEWS & ARTICLES

A new infographic is now available that describes how IRS Notice 2024-35 affects beneficiaries who are subject to the 10-year rule and must take annual life expectancy payments during each of the first nine years after becoming a beneficiary of an account owner’s retirement assets. This applies to beneficiaries of account owners and to successor beneficiaries of eligible designated beneficiaries who died in 2020 or later.

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