First, the human part
If you are here, someone left you this money, and the IRS deadlines started running while you were still returning casseroles. There is no version of this page that makes that less strange. The good news is that nothing here needs to be decided this week: the clocks below run on years, not days, and the only truly urgent item (the owner's own final RMD, if they died mid-year without taking it) has a clear rule and your custodian handles the mechanics. Take the time you need. The math will keep.
Which rule you are under
Since the SECURE Act, most non-spouse beneficiaries live under the 10-year rule: the account must be empty by December 31 of the tenth year after death. The 2024 final regulations settled the question everyone argued about: if the owner died on or after their required beginning date (roughly, already 73 and taking RMDs), you must also take annual minimums in years 1 through 9, based on your own single life expectancy. If the owner died before that date, or the account is a Roth, there are no annual minimums: only the year-10 deadline.
The exceptions: eligible designated beneficiaries (the disabled, the chronically ill, anyone not more than 10 years younger than the owner, and minor children of the owner until 21) keep the old lifetime stretch. And a surviving spouse has choices nobody else gets, which is why this calculator treats that as a decision to walk through rather than a formula to run.
The formula
The factor comes from the IRS Single Life Expectancy Table, locked in once at your age in the year after death, then reduced by one each year. The 10-year deadline is December 31 of the year containing the tenth anniversary of death. Missing an RMD carries a 25% excise tax, reduced to 10% if corrected promptly.
Worked example
A father died in 2022 at 78, already taking RMDs. His daughter, born in 1974, inherited his traditional IRA, worth $500,000 last December 31. Her factor locked at 37.1 (age 49 in 2023) and stands at 34.1 for 2026, so this year's minimum is 500,000 ÷ 34.1 = $14,662.76, and the account must be empty by December 31, 2032.
Here is the part the minimum hides. At 5% growth, taking only the minimums leaves $552,150.84 to withdraw in 2032: more than the account holds today, all of it taxable in a single year on top of her salary. Spreading it level instead means withdrawals from $71,428.57 rising to about $95,721.12: seven predictable tax years instead of six small ones and a detonation.
The tax bomb, and how to defuse it deliberately
The 10-year rule's minimums are small precisely because they were designed for a different regime, which makes them a trap for anyone who treats the minimum as the plan. Every dollar left for year 10 comes out as ordinary income in one tax year: on a large account that can mean jumping two or three brackets, losing credits that phase out, and (if you are within sight of 65) crossing an IRMAA cliff that raises your Medicare premiums two years later; our Medicare IRMAA calculator prices those lines. The honest strategy is not "always take more": it is to fill your current tax bracket deliberately each year, taking more in low-income years and less in high ones, so no single year eats a spike. Roth inheritors get the opposite advice: with no tax on withdrawals and no annual minimums, waiting until year 10 maximizes the tax-free growth, and the only sin is missing the deadline.
Three housekeeping rules that outrank all the math. Keep the account titled as an inherited IRA (only a spouse may make it their own; anyone else who retitles or takes a personal check triggers full taxation with no undo). If the owner died mid-year without finishing that year's own RMD, that amount must still come out, paid to you. And if you inherited between 2020 and 2023 and took nothing in 2021 through 2024 while these rules were being argued about, the IRS waived those years' penalties; the annual requirement restarted in 2025 and is enforced now.