For both traditional and Roth IRAs, the tax code changes implemented by the SECURE Act dictate that if the beneficiary is an Eligible Designated Beneficiary, the beneficiary is subject to annual RMDs based on the beneficiary's life expectancy. A designated beneficiary (a trust that is qualified for look-through or an individual) who is not an EDB is subject to the 10-year rule. If the beneficiary is a non-individual such as a trust that is not qualified for look-through or an estate, the 5-year rule applies if the decedent dies before the Required Beginning Date for RMDs or annual RMDs based on the decedent's life expectancy if the decedent dies after RBD.
