MRD Table for Conduit Trust (spouse is sole beneficiary)
What table should be used to determine the MRD for a spouse listed as beneficiary of her husband’s trust? Is it the uniform lifetime table or is it the single life table for beneficiary recalculated each year (not reduced by 1 each year)?
Permalink Submitted by Alan - IRA critic on Wed, 2015-03-04 19:44
The single life table should be used with re calculation assuming the trust is qualified. The RMDs also do not need to begin until the year the decedent would have reached 70.5 if decedent passed prior to the RBD. If the trust can be terminated, the surviving spouse could roll over the balance of the IRA to an owned IRA and switch over to the Uniform Table.