inherited Roth RMD not taken

Submitted by Michael Eastham on Thu, 2018-04-12 12:50

my client did not take an RMD from an inherited Roth IRA for 2016 or 2017. I know that we file form 5329 with letter requesting penalty waiver for a traditional IRA RMD not taken. Is that process the same for inherited Roth IRA? If not, what is the correct procedure? Thanks



Submitted by Alan - IRA critic on Thu, 2018-04-12 15:24

Yes, the process is the same for an inherited Roth IRA as it is for a traditional IRA.

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