RMD for non-spousal beneficiary IRA
Does the new RMD suspension rule apply to non-spouse beneficial IRA’s and does the beneficary’s age come into play at all?
Does the new RMD suspension rule apply to non-spouse beneficial IRA’s and does the beneficary’s age come into play at all?
Permalink Submitted by mk foss on Tue, 2009-01-06 18:24
Beneficiaries of IRAs need not take RMDs in 2009 either – regardless of age. Status as a spousal or nonspousal beneficiary also doesn’t matter.
Permalink Submitted by Denise Appleby on Tue, 2009-01-06 19:31
For more on this see http://www.retirementdictionary.com/RMD_Waiver_WRERA_2009.htm