A Safer Retirement and Environment – What We’re Implementing to Help Keep You Safe: READ MORE

Here at Chadmere Capital Inurance and Financial Services, we are adhering to state and local guidelines in order to protect both the health and safety of clients and staff. Keeping our clients and staff safe is our highest priority and we’re taking all appropriate measures to ensure a safe environment. Should you prefer to not meet face-to-face, we are continuing to serve our clients through virtual settings such as Zoom or phone calls.

We look forward to continuing to help individuals and families achieve their ideal retirements.

Chademere Capital Insurance and Financial Services
(803) 242-1050



By Sarah Brenner
Director of Retirement Education



My mother passed away in May 2019, and I inherited her IRA.  She had not completed her RMD for 2019, so I did that. In 2020, I began my RMDs based on the Single Life Table for Inherited IRAs.

Since I inherited prior to January 1, 2020, does anything in the SECURE Act apply to my inherited IRA? Will I be able to continue the RMDs per the Table or will I need to make sure I empty it completely within 10 years of when I inherited it?

Thank you,



Hi Dale,

Your inherited IRA is grandfathered because your mother passed away before the SECURE Act was effective. You can continue stretching RMDs over your life expectancy. However, any successor beneficiary that you name on the inherited IRA would be subject to the SECURE Act. Your successor beneficiary could not continue the stretch. The successor would instead be subject to the 10-year rule and would need to empty the account within 10 years of your death.



My 72nd  birthday is 9/17/2022, and I would like to do a qualified charitable distribution (QCD) before that date to offset either all or most of my first RMD amount for the year. Do I need to wait until that date or later to do the QCD, or can I do the QCD earlier in the year before I turn 72?



The rules for qualified charitable distributions are confusing. When the age to start taking required minimum distributions was raised from 70 ½ to 72, the age requirement for a QCD remained at age 70 ½. The rules require you to actually be 70 ½ at the time the QCD is done. You cannot reach that age later in the year. Since you are already past age 70 ½, you are eligible for a QCD right now.


Ready To Take



For more information about any of our products and services, schedule a meeting today.

Or give us a call at (803) 242-1050

Investment advisory services offered through Foundations Investment Advisors, LLC (“Foundations”), an SEC registered investment adviser. Nothing on this website constitutes investment, legal or tax advice, nor that any performance data or any recommendation that any particular security, portfolio of securities, transaction, investment or planning strategy is suitable for any specific person. Personal investment advice can only be rendered after the engagement of Foundations, execution of required documentation, and receipt of required disclosures. Investments in securities involve the risk of loss. Any past performance is no guarantee of future results. Advisory services are only offered to clients or prospective clients where Foundations and its advisors are properly licensed or exempted. For more information, please go to https://adviserinfo.sec.gov and search by our firm name or by our CRD #175083.

 ADV Part 2A & Form CRS              Privacy Policy