Inherited IRA account holder’s death
An accountholder of an Inherited IRA passed away. The beneficiary is his wife. Can the wife maintain the Inherited IRA status? How would the RMD’s be based? Or does she have to or can she roll into just a regular IRA? Thank you.
Permalink Submitted by Marvin Rotenberg on Tue, 2010-02-02 17:22
Yes the wife as beneficiary of the inherited IRA can maintain the inherited IRA. The RMDs will be based on the original inherited IRA RMD schedule.
Marvin