An individual is likely to “inherit” his father’s IRA as designated beneficiary during his 60s or 70s. If he uses Table I to calculate his RMDs, subtracting 1 from his prior year’s life expectancy each year, then he will have to deplete the inherited iRA at about age 87. This is not what he wants. Can he satisfy the minimum distribution requirements by:

(1) Buying an immediate annuity in the year after the year of his father’s passing, after taking his father’s RMD for the year of passing?

(2) The same as (1), but have a term certain on the annuity, e.g. life and 10 years certain?

(3) Take RMDs, using Table I, for a few years and then buy an immediate annuity, with or without the term certain?

The son wants to take as little in RMDs as possible during his 60s or 70s and invest the IRA in mutual funds that are likely to grow, while he is able to work, and then provide himself with income that will not terminate while he is still alive.