QCD
Hi,
I have a non-spouse beneficiary in mid 50’s who is one of the beneficiaries of an IRA of a deceased parent. It sounds that for the most part (depends on the custodian) that the beneficiary can put into an Inherited IRA but needs to get the funds out over 10 years and there are no RMD requirements.
The beneficiary also makes charitable donations. Is there a possibility that they could do a QCD from their Inherited IRA?
Thank you
Permalink Submitted by David Mertz on Tue, 2021-03-16 15:30
For the beneficiary to make a QCD from an inherited IRA, the beneficiary is required to have reached age 70½.