Bene IRA no more

I just inherited a client. She’s widowed.

Her previous broker put her husband’s IRA into an inherited IRA upon his death because she was < 59-1/2 and she's been taking RMDs based on her age despite her husband never having attained 70-1/2.

Now she’s 61 and we moved it to her IRA in April 2018.

Is she required to take a RMD for 2018 from the bene IRA before moving it to her IRA?



No. In the year she elects to be treated as the owner she is deemed to have owned the IRA the entire year and therefore does not have a 2018 RMD.

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