Ex-Spouse beneficiary
If you inherit an IRA from a non-spouse (divorced) you are considered a non-spouse beneficiary and the assets will need to go into a Beneficiary IRA and be distributed within 10 years?
If you inherit an IRA from a non-spouse (divorced) you are considered a non-spouse beneficiary and the assets will need to go into a Beneficiary IRA and be distributed within 10 years?
Permalink Submitted by Alan - IRA critic on Tue, 2022-11-29 17:16
In this case the non spouse beneficiary would usually be “not more than 10 years younger” than the decedent and therefore would be an EDB who could stretch the RMDs over their life expectancy. Of course, there will also be cases where the beneficiary is more than 10 years younger and if so the 10 year rule would apply, with annual RMDs in years 1-9 only if the decedent passed after their RBD. The spousal rollover does not apply if they were divorced at the time of death.