There are a couple of different sets of rules around inherited IRAs and you’re subject to the least flexible. While there are more options for a spouse or someone who’s chronically ill or disabled, a minor child, or someone not more than 10 years younger than the deceased IRA owner, you have just 10 years to withdraw the money. Typically, heirs open their own IRA Beneficiary Distribution Account, which must be closed by Dec. 31 of the tenth year after the original IRA owner passed. But even with that dea ...