Post Secure Act IRA BDA Question
Hello,
I have a client who passed in 2022 at age 82 and they had a TIRA and Roth and the beneficiaries on both accounts was a trust. For the Roth BDA for the trust it would be under the 10 year rule and no RMDs would be due. On IRA BDA for the trust my understanding is it would be under the 10 year rule and the beneficiary of the trust would need to take RMD payments for years 1 thru 9 based on their life expectancy. Is my understanding of the IRA BDA for the trust accurate?
Thank you.
Permalink Submitted by Alan - IRA critic on Fri, 2025-01-10 16:41
Yes, that is accurate assuming that the trust is qualified for look through.
For the inherited TIRA, the annual RMDs are based on the age of the oldest countable trust beneficiary.