RMD for non spouse inherited TIRA

Submitted by Don Warnke on Wed, 2023-09-27 15:31

Daughter inherited a TIRA, the mother (IRA owner) was over RMD age. does the daughter need to take RMD’s during the 10 yr period? if so are they calculated based on daughters age or deceased owners age?



Submitted by Alan - IRA critic on Wed, 2023-09-27 15:42

  • Yes, annual beneficiary RMDs are required in years 1-9 of the 10 year rule period and the account drained in year 10 or sooner. That said, because the Secure Act Regs are not yet finalized, if 2023 was year 1 the IRS is waiving the beneficiary RMD for 2023. Daughter is also responsible for completing mother’s year of death RMD if mother did not do so.
  • Daughter’s single life table beneficiary RMDs are based on her age in the year following the year of death. The first divisor is then reduced by 1.0 for each year thereafter.


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