Inherited Traditional IRA & Roth IRA

Submitted by Scott Searles on Mon, 2021-11-22 16:50

If someone inherits an Traditional IRA and a Roth IRA and they are an eligible designated beneficiary (inherited from his Brother that was 2 years younger than him). Can they elect to take the Lifetime distributions on the IRA and let the Roth sit for 10 years before taking the Roth money out?

Thanks



Submitted by Alan - IRA critic on Mon, 2021-11-22 17:24

Yes, the 10 year rule can be elected to replace life expectancy for an EDB, but only if the owner passed prior to their RBD.  If that requirement is met, either or both of the inherited IRAs will have both options. Of course, electing the 10 year rule for the inherited Roth means that the beneficiary may still have several years to live beyond the year of the lump sum distribution in year 10, more so the younger they are.

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