2009 RMD Year of Death
I have a client who passed away this year (2009). He has not taken his RMD from his IRA yet. Does his RMD have to come out this year, before the account is transferred to his children?
I have a client who passed away this year (2009). He has not taken his RMD from his IRA yet. Does his RMD have to come out this year, before the account is transferred to his children?
Permalink Submitted by mk foss on Thu, 2009-03-19 17:57
No distributions are required for 2009. The account can be transferred without reduction.