Andy Ives addresses two questions regarding IRAs and trusts. Firstly, naming a trust as an IRA beneficiary does not reduce or eliminate income tax liability; it may actually increase it due to high trust tax rates. Additionally, trusts do not bypass the 10-year rule for distributions. Secondly, the IRS has clarified that for inherited IRAs from individuals who had begun required minimum distributions (RMDs), annual RMDs must continue within the 10-year payout period for non-eligible designated beneficiaries. The IRS waived RMDs for 2021-2024, but they must commence in 2025 for those beneficiaries.

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