Still have an Inherited Traditional IRA from grandfather after 10+ years.
Still have an Inherited Traditional IRA from grandfather after 10+ years. Hello, I still have an inherited traditional IRA from my grandfather that I received 10+ years ago. I recently read that I needed to pull this money out fully by 10 years after my grandfather’s passing but I’m not sure. I’m in PA if that matters and I’m not sure what I should do. Can I be liable for a lot of back taxes on this if I haven’t been...