Roth RMD
When calculating a Roth RMD, do we follow the same rules as a TIRA?
Client inherited brother’s Roth 2011
Brother date of birth 1/8/1952
Brother date of death 9/28/2011
Client began taking RMD 2012 with a life expectancy factor of 27.0 reducing by 1 each year
Have we been processing this correctly?
Permalink Submitted by Alan - IRA critic on Mon, 2018-02-12 23:07
Yes, that is correct assuming client was 58 at the end of 2012.