Beneficiary IRA Distribution
Non spouse beneficiary needs to take a distribution from a inherited IRA before the end of 2007. Account was established from a Qualified Plan that had been amended to allow non spousal rollovers. Qualified Plan had an off calender year plan anniversary and cannot supply the 12/31/06 value to the beneficiary for the purposes of calculating the distrubution. The will only supply a 9/30/06 value( Plan Anniversary date) . Any suggestion son how to handle?
Permalink Submitted by Al Fry on Sat, 2007-12-01 01:56
Surely they can find what the value was on 12.31.06, unless it was a DB plan.