How it works
Most people who inherit an IRA from someone who died in 2020 or later must empty it by December 31 of the 10th year after the death. If the owner had already reached their required beginning date, a minimum must also come out every year in between: last December 31's balance divided by your life expectancy from IRS Table I at your age in the year after the death, reduced by 1 each year, or the owner's remaining life expectancy if that is longer. The calculator matches the examples in IRS Publication 590-B: a beneficiary who is 57 in the first year uses 29.8, and one who was 55 in 2022 uses 31.6 − 4 = 27.6 in 2026. More in the inherited IRA guide.