RMD
My clients wife died in March of 07 before taking her RMD. Must her huband who is the beneficary take the RMD from Her account’ s before taking the accounts into his IRA’s, or does the law permitt his rolling her accounts over to his and them taking the MRD?
Permalink Submitted by Alan Spross on Sun, 2007-11-18 04:33
He must distribute the required amount his spouse was required to take as her 2007 RMD before doing the rollover. Otherwise, he has made an excess contribution to his own IRA which must be corrected. The following is pasted from the 2002 IRD RMD Regs:
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