The 10-year rule changed retirement account inheritance—but the strategies for working within it (and around it) are more nuanced than you might think.

In Part 2 of this retirement accounts series, Dave Shaffer and Morgan Napierski dive deeper into the SECURE Act 2.0 and its implications for trust planning. They walk through the key exceptions to the 10-year rule, including surviving spouses, disabled or chronically ill individuals, minor children of the IRA owner (until age 21), and beneficiaries no more than 10 years younger than the deceased. And they also explore the crucial distinction between conduit trusts and accumulation trusts. The episode wraps up with an expanded Jeopardy-style "Show and Tell" segment featuring colorful characters—from "Disappointed Darren" (finally getting his answer about the 10-year rule) to "Second Marriage Sammy".