RMD with trust as primary beneficiary

Submitted by Robert Wright on Mon, 2008-10-06 18:40

Husband is alive; he is 77 in 2008
Husband owns an IRA: Primary beneficiary of IRA is his trust.
Second wife is 64 in 2008 [13 years younger than husband].

Second wife and husband’s children from his first marriage are beneficiaries of the trust which is named as IRA primary beneficiary.

Is IRA RMD for 2008 calculated using Uniform Lifetime Table or Joint and Last Survivor Table?

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Permalink Submitted by Alan Spross on Mon, 2008-10-06 19:35

Uniform Lifetime Table.

The Joint and last Survivor Table requires the spouse to be the sole designated beneficiary. A trust is not a designated beneficiary even if it is a “qualified trust”, and qualification for look through treatment does not affect the RMD of the IRA owner, only that of the beneficiaries after the owner passes.