In a recent article in Investors Business Daily (week of Dec 17, 2018) the article Stretch IRA: Shielding Savings From Tax Man provides a great description of an option to save a significant amount of tax if you will your IRA balance(s) to others who are younger than you are.

SPOILER: This information is provided to make you aware of this option and is NOT a tax or other financial advice for you specifically.  If this is of interest to you, then discuss this topic with your personal tax advisor or others to make determinations about your own individual situation before making any financial decisions.  

Here is a brief summary of the article and some of the strategy that is described.  

First, there are specific IRS rules regarding the distribution of an IRA based on the owner's age and potential longevity.  If the IRA balance is passed to your beneficiary upon your death and they are not listed as a beneficiary on the IRA...