Permalink Submitted by Alan - IRA critic on Fri, 2023-12-15 15:18
The single life table based on the beneficiary age in 2023 is used, but the IRS has waived the 2023 beneficiary RMD because the proposed Regs are still not final. The beneficiary must not be an EDB or the 10 year rule would not apply and the 2023 RMD would not be waived.
Permalink Submitted by Carol Flynn on Fri, 2023-12-15 16:27
Where did you find the citation that the 2023 RMD was also waived? I found Notice 2022-53 that referenced 2021 & 2022 RMD’s, but can’t find reference to 2023 RMDs waived.
Permalink Submitted by Alan - IRA critic on Fri, 2023-12-15 15:18
The single life table based on the beneficiary age in 2023 is used, but the IRS has waived the 2023 beneficiary RMD because the proposed Regs are still not final. The beneficiary must not be an EDB or the 10 year rule would not apply and the 2023 RMD would not be waived.
Permalink Submitted by Carol Flynn on Fri, 2023-12-15 16:27
Where did you find the citation that the 2023 RMD was also waived? I found Notice 2022-53 that referenced 2021 & 2022 RMD’s, but can’t find reference to 2023 RMDs waived.