Beneficiary Roth IRA
I would like to confirm that I am calculating the RMD for a beneficiary ROTH IRA is correct
Sister passed away 5/19/2018
Sister birth date 6/11/1956
Sister had two primary beneficiaries, equally shared
client established Bene Roth IRA and received 50% of sisters Roth
Client list her three kids as her primary benes
1st RMD is calculated for 2019 w/life factor of 21.0
If client would pass, the three kids would then continue clients bene Roth RMD schedule
Permalink Submitted by Alan - IRA critic on Mon, 2018-10-29 23:06
The divisor is correct IF the client will be 65 at the end of 2019. Your other statements are correct.