Full MRD not taken in year of Death
Account owner has multiple benificiaries. Can just one of the benificiaries take the total amount to satify the rule or does the untaken balance have to be split equally?
Account owner has multiple benificiaries. Can just one of the benificiaries take the total amount to satify the rule or does the untaken balance have to be split equally?
Permalink Submitted by Alan - IRA critic on Tue, 2013-12-17 21:34
For the year of death RMD, the total RMD can be taken in any combination by the beneficiaries assuming there was only one IRA account or more than one with the same beneficiaries on all of them.