Everyone Can Relax and "Stretchout"

Everyone Can Relax and "Stretchout" Over the last several years, we have read and heard much about the "stretchout" IRA. Many IRA holders have painstakingly learned about the extreme complexities of Required Minimum Distributions (RMDs) and the ability to provide a stream of income to their beneficiaries at their death. Planners carefully outlined the land mines to avoid and prompted IRA holders to ask their financial firm if they offer "stretchout" IRAs. Well, we can all relax now, the IRS issued proposed regulations that have all but eliminated the fear of making bad decisions and essentially allow a "stretchout" IRA for everyone. RMD rules state that once a participant reaches the age of 70