{ "version": "2026.1", "generated_at": "2026-09-08", "generated_by": "scripts/gen_inherited_ira_study.mjs", "study": "inherited-ira-10-year-rule-spread-vs-lump-2026", "url": "https://quantcalc.app/research/inherited-ira-10-year-rule-spread-vs-lump-2026/", "license": "CC-BY-4.0", "method": { "engine": "frontend/js/calc/federal-tax-2026.js (ordinaryTax, bracketAt, marginalRateAt, additionalAgedDeduction, seniorDeduction), irmaa.js (annualSurcharge), rmd.js (reducedSingleLifeFactor), constants-2026.js", "rule": "SECURE Act 10-year rule for a designated beneficiary who is not an eligible designated beneficiary; owner died on or after the required beginning date, so an annual RMD (Single Life Table, reduce-by-one, greater of beneficiary and decedent life expectancy) applies in years 1-9 per T.D. 10001 (2024-07-18); the pre-RBD variant (no annual RMD) is carried as the year10 strategy.", "filing": "single", "tax_year_held_constant": 2026, "standard_deduction": 16100, "state_tax": "none", "timing": "withdrawal at the start of each year; the remaining balance then grows for the year", "horizon_years": 10, "growth_rates": [ 0.05, 0.03 ], "discount_rate": 0.03, "tax_definition": "federal tax with the withdrawal minus federal tax without it, same year, same filer", "decedent_age_at_death": 80, "beneficiary_cases": [ { "key": "main", "age_year1": 50, "note": "beneficiary 50 in year 1 (no Medicare in the window)" }, { "key": "irmaa", "age_year1": 64, "note": "beneficiary 64 in year 1 (on Medicare from year 2; every withdrawal year is an IRMAA lookback year)" } ], "strategies": [ { "key": "lump", "label": "Lump sum in year 1" }, { "key": "fraction", "label": "1/10, then 1/9 of what is left, … (rises with growth)" }, { "key": "level", "label": "Level draw (same dollars every year)" }, { "key": "fill", "label": "Fill the current bracket each year, rest in year 10" }, { "key": "backload", "label": "Back-loaded: annual RMD years 1–9, rest in year 10" }, { "key": "year10", "label": "Nothing until year 10 (pre-RBD death: no annual RMD)" } ], "note": "Illustrative growth rates, not forecasts. Nominal dollars; PV columns discount after-tax receipts to year 1." }, "reference": { "single_life_divisor_year1": { "50": 36.2, "64": 23.7 }, "bracket_room_taxable": { "80000": { "room": 41799.999999999985, "rate": 0.22, "top": 105700, "base": 63900 }, "160000": { "room": 57874.999999999985, "rate": 0.24, "top": 201775, "base": 143900 } }, "irmaa_tier1_single": { "magi_floor": 109000, "annual_surcharge": 1148.4 } }, "cells": [ { "case": "main", "growth_rate": 0.05, "beneficiary_age_year1": 50, "inherited_balance": 300000, "other_ordinary_income": 80000, "strategy": "lump", "total_withdrawn": 300000, "growth_credited_inside_ira": 0, "federal_tax_on_ira_dollars": 87364.25, "tax_share_of_inheritance": 0.29121416666666666, "effective_rate_on_dollars_withdrawn": 0.29121416666666666, "highest_bracket_rate_reached": 0.35, "after_tax_nominal": 212635.75, "after_tax_pv_3pct": 212635.75, "after_tax_pv_at_growth_rate": 212635.75, "irmaa_surcharge_total": 0, "irmaa_premium_years_surcharged": 0, "irmaa_pv_3pct": 0, "after_tax_pv_3pct_net_of_irmaa": 212635.75, "years": [ { "year": 1, "age": 50, "opening_balance": 300000, "rmd_floor": 8287.29, "withdrawal": 300000, "growth_credited": 0, "closing_balance": 0, "magi": 380000, "taxable_income": 363900, "federal_tax": 96134.25, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 87364.25, "after_tax": 212635.75, "rate_on_last_dollar": 0.35, "irmaa_premium_year": 3, "irmaa_surcharge": 0 }, { "year": 2, "age": 51, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 4, "irmaa_surcharge": 0 }, { "year": 3, "age": 52, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 5, "irmaa_surcharge": 0 }, { "year": 4, "age": 53, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 6, "irmaa_surcharge": 0 }, { "year": 5, "age": 54, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 7, "irmaa_surcharge": 0 }, { "year": 6, "age": 55, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 8, "irmaa_surcharge": 0 }, { "year": 7, "age": 56, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 9, "irmaa_surcharge": 0 }, { "year": 8, "age": 57, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 10, "irmaa_surcharge": 0 }, { "year": 9, "age": 58, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 11, "irmaa_surcharge": 0 }, { "year": 10, "age": 59, "opening_balance": 0, "rmd_floor": 0, "withdrawal": 0, "growth_credited": 0, "closing_balance": 0, "magi": 80000, "taxable_income": 63900, "federal_tax": 8770, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 0, "after_tax": 0, "rate_on_last_dollar": null, "irmaa_premium_year": 12, "irmaa_surcharge": 0 } ] }, { "case": "main", "growth_rate": 0.05, "beneficiary_age_year1": 50, "inherited_balance": 300000, "other_ordinary_income": 80000, "strategy": "fraction", "total_withdrawn": 377336.78, "growth_credited_inside_ira": 77336.78, "federal_tax_on_ira_dollars": 83167.62, "tax_share_of_inheritance": 0.2772254039469218, "effective_rate_on_dollars_withdrawn": 0.22040687910427056, "highest_bracket_rate_reached": 0.24, "after_tax_nominal": 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"rate_on_last_dollar": 0.22, "irmaa_premium_year": 10, "irmaa_surcharge": 0 }, { "year": 9, "age": 58, "opening_balance": 72240.65, "rmd_floor": 2561.73, "withdrawal": 37001.31, "growth_credited": 1761.97, "closing_balance": 37001.31, "magi": 117001.31, "taxable_income": 100901.31, "federal_tax": 16910.29, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 8140.29, "after_tax": 28861.02, "rate_on_last_dollar": 0.22, "irmaa_premium_year": 11, "irmaa_surcharge": 0 }, { "year": 10, "age": 59, "opening_balance": 37001.31, "rmd_floor": 0, "withdrawal": 37001.31, "growth_credited": 0, "closing_balance": 0, "magi": 117001.31, "taxable_income": 100901.31, "federal_tax": 16910.29, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 8140.29, "after_tax": 28861.02, "rate_on_last_dollar": 0.22, "irmaa_premium_year": 12, "irmaa_surcharge": 0 } ] }, { "case": "main", "growth_rate": 0.05, "beneficiary_age_year1": 50, "inherited_balance": 300000, "other_ordinary_income": 80000, "strategy": "fill", "total_withdrawn": 358526.24, "growth_credited_inside_ira": 58526.24, "federal_tax_on_ira_dollars": 78875.77, "tax_share_of_inheritance": 0.26291924602436506, "effective_rate_on_dollars_withdrawn": 0.22, "highest_bracket_rate_reached": 0.22, "after_tax_nominal": 279650.47, "after_tax_pv_3pct": 250591.62, "after_tax_pv_at_growth_rate": 234000, "irmaa_surcharge_total": 0, "irmaa_premium_years_surcharged": 0, "irmaa_pv_3pct": 0, "after_tax_pv_3pct_net_of_irmaa": 250591.62, "years": [ { "year": 1, "age": 50, "opening_balance": 300000, "rmd_floor": 8287.29, "withdrawal": 41800, "growth_credited": 12910, "closing_balance": 271110, "magi": 121800, "taxable_income": 105700, "federal_tax": 17966, "federal_tax_without_withdrawal": 8770, "tax_on_ira_dollars": 9196, "after_tax": 32604, "rate_on_last_dollar": 0.22, "irmaa_premium_year": 3, "irmaa_surcharge": 0 }, { "year": 2, "age": 51, "opening_balance": 271110, "rmd_floor": 7701.99, "withdrawal": 41800, "growth_credited": 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