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The IRS is now enforcing inherited IRA rules, and the possible penalty is large.
Getting an inheritance can leave you flush with cash. But if you aren’t careful, it also could soon put you in hot water with the IRS. This year, the federal agency will finally crack down on folks who inherit an IRA and do not take their required minimum distributions. The IRS didn’t enforce the penalty from 2020 through 2024, but that leniency has ended as of 2025. The Secure Act of 2019…