[Fredman]

Originally Posted by Schaumburger

The SECURE Act eliminates the current rules that allow non-spouse IRA beneficiaries to "stretch" required minimum distributions (RMDs) from an inherited account over their own lifetime (and potentially allow the funds to grow tax-free for decades). Instead, all funds from an inherited IRA generally must now be distributed to non-spouse beneficiaries within 10 years of the IRA owner's death.

This means that if my sisters and I inherit any money from my father's IRA, we will have to take distributions within 10 years of his death -- correct? I am assuming these distributions would be taxable income -- correct? My sisters and I are all still working full-time if that makes a difference.

You will have to pay taxes on the money you withdraw.