Inherited Roth IRA Question
If a mother inherits a Roth IRA from her son, she would obviously qualify for the “not more than ten years younger” exemption, so the account wouldn’t need to be closed within ten years of the year of death. Since it is a Roth IRA, however, would she also be exempt from taking RMDs?
Permalink Submitted by Alan - IRA critic on Tue, 2022-10-04 18:45
No, she is an EDB and will need to take annual life expectancy RMDs starting the year after she inherited. She also has the choice to opt out of EDB treatment and into the 10 year rule. While that would eliminate the annual RMDs, it would usually not be beneficial in the long run.