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Updated over 3 years ago,

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Billy Brown
  • Pittsburgh, PA
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Self directed inherited IRA SECURE Act

Billy Brown
  • Pittsburgh, PA
Posted

I have been reading about advantages of using self directed ira/ solo k. What I dont understand is that for an inherited Ira, how does this work with the changes in the Secure act? I must deplete my account by the end of 10 years. If I use this to buy a property, what happens at year 10? Eg if my current value is 100,000 and I have this in a self directed Ira, and I use those funds to purchase a property, how do I deplete those funds when it’s tied up in a property that isn’t liquid. Must I sell it ?  

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