Inherited IRA and plan rollover
Can a beneficiary of a non-spouse inherited IRA combine it with a rollover of funds from a company plan?
And if so, would a Rollover IRA be established ffirst and then ‘transfer’ or rollover from the inherited into it?
Permalink Submitted by Alan - IRA critic on Tue, 2016-11-01 20:24
If a non spouse inherited a qualified plan AND an IRA directly from the participant or owner and if the RMD divisors are the same under IRS rules, the qualified plan could be directly rolled into the retitled inherited IRA. Note that the inherited qualified plan can be converted to an inherited Roth IRA if desired, but the inherited TIRA cannot.