then beginning in 2023 the non-spouse beneficiary is required to take RMDs each year and liquidate the IRA by the 10th year (2032).
depending on the non-spouse beneficiary's financial situation it may behoove coming up with a strategy to smooth out the 10 years of distributions which may far exceed the RMD requirments. Remember RMD is a minimum, not a maximum requirement. Simply taking the RMD each year may leave a large pot of money to distribute in the 10 year and lift you into a higher tax bracket, resulting in more tax over the 10 years compared to a 'smoothing' strategy.
