inherited ira RMD
My client has an inherited IRA and is over 701/2. I have a few questions. First can the individual aggregate this with his other IRA’s to take RMD?
Does the RMD need to come from this particular account? Could he take his whole RMD from only the inherited portion of his IRA? Your help is appreciated.
Permalink Submitted by mk foss on Mon, 2010-03-15 21:18
The inherited IRA cannot be combined with any personal IRAs. Any RMD from the inherited IRA will not fulfill the requirements for an RMD from personal IRAs. If more than one IRA is inherited, they can only be combined if they were inherited from the same person.