Also, note that the technical explanation of the WRERA is very clear that beneficiaries also receive the waiver if they are taking life expectancy RMDs. If under the 5 year rule, 2009 is simply not counted.
Permalink Submitted by Alan Spross on Tue, 2009-12-15 20:47
No. The RMD relief did nothing to enable a rollback of the RMD for non spouse inherited IRA distributions. A distribution to a non spouse cannot be rolled over under any circumstances, and the legislation made no special exemption for one.
Permalink Submitted by Marvin Rotenberg on Wed, 2009-01-07 16:56
Yes.
Permalink Submitted by Adam Freeland on Fri, 2009-01-09 20:21
Marvin,
What source are you referencing for the suspension of beneficiary ira rmd’s for 2009? Thanks.
Permalink Submitted by Alan Spross on Fri, 2009-01-09 22:22
Here is a link to Denise’s comprehensive summary of the bill:
http://www.retirementdictionary.com/RMD_Waiver_WRERA_2009.htm
Also, note that the technical explanation of the WRERA is very clear that beneficiaries also receive the waiver if they are taking life expectancy RMDs. If under the 5 year rule, 2009 is simply not counted.
Permalink Submitted by Jose Morales on Fri, 2009-01-09 22:29
this is also covered in [url=http://www.irs.gov/pub/irs-drop/n-09-09.pdf%5DIRS Notice 2009-9[/url]
Permalink Submitted by Richard Stewart on Tue, 2009-12-15 20:22
If a person had a distribution sent to them from a Benficiary IRA can they put it back in before year end?
Permalink Submitted by Alan Spross on Tue, 2009-12-15 20:47
No. The RMD relief did nothing to enable a rollback of the RMD for non spouse inherited IRA distributions. A distribution to a non spouse cannot be rolled over under any circumstances, and the legislation made no special exemption for one.