Multiple Bene IRA’s
My client has 2 Beneficiary IRA’s. Each is from a different dead person. does an RMD have to be taken from each BIRA or can we combine amounts, calculate total RMD and take RMD from one account?
Thank You
My client has 2 Beneficiary IRA’s. Each is from a different dead person. does an RMD have to be taken from each BIRA or can we combine amounts, calculate total RMD and take RMD from one account?
Thank You
Permalink Submitted by Alan - IRA critic on Wed, 2018-06-06 20:10
Client must keep these inherited IRAs totally separate from each other because they were inherited from different decedents.