VIDEO: Non-Spouse Beneficiary Rules for RMDs Explained

by Leah Woodly

If you’ve inherited a retirement account as a non-spouse beneficiary, understanding the rules for Required Minimum Distributions (RMDs) can save you from costly mistakes. In this video, we break down:

• The 10-year rule for beneficiaries
• Differences if the account holder passes before or after their Required Beginning Date (RBD)
• Strategies to manage taxes and withdrawals effectively

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.