RMD’s for beneficiary’s
If someone has a TIRA and dies at age 50, will the non-spouse inherited beneficiaries be able to let the TIRA grow until the owner would have 70.5 or do they have to start taking RMD’s the year after the death of owner? Thanks
Permalink Submitted by Kenny Kittrell on Mon, 2013-02-18 18:39
I have a client that lives in Texas which is a community property state, he has been married for 20 years. His company he worked for closed its doors, so he transferred his 401K to his IRA. He wants to know if his wife files for divorce does he have any protection from her getting half his IRA. If not, will his wife be able to roll her half into her own IRA? What if the husband had already started taking RMD’s in the year of divorce, does she also get half of his RMD? Thanks
Permalink Submitted by Alan - IRA critic on Mon, 2013-02-18 18:56
Duplicate – see other post for replies.