A strategy for inherited IRAs has been curbed by the enactment of the SECURE Act late last year: The stretch IRA for nonspouse beneficiaries. Before the SECURE Act, IRA owners who died could leave their accounts to their children, grandchildren or other nonspouse beneficiaries, and heirs could stretch the required minimum distributions over their own lifetimes, thus allowing the funds in the account to grow tax-free for decades.

Congress saw this as a loophole for the rich and has been itching to curtail it for years!