annuity payout 403(b) to satisfy beneficiary IRA RMD
My client has inhereted an annuity distrubtion stream from a 403(b). The decedent also owned an IRA for which my cleint is the beneficiary. She will be taking the RMD’s from the IRA. Could she satisfy the IRA RMD requirement since the annuity distribution is creating a 1099(r) for her?
Permalink Submitted by Al Fry on Fri, 2008-05-30 19:30
No. However she should be able to have the 403(b) death benefit directly rolled into an inherited IRA. Then they could be combined, or just take the RMD from one.