2022 Inherited IRA RMDs?
What are the chances the IRS will make people take multiple IRA RMDs to make up for 2021 and 2022? While there is no penalty, couldn’t they require people to take the missed RMDs in calendar year 2023? An attorney told us that they are still interpreting the IRS announcement that 2022 RMDs must be taken assuming the original participant died after their RBD.
Permalink Submitted by Alan - IRA critic on Mon, 2022-10-24 21:40
At this point, I would not want to guess what the IRS is going to do, particularly with respect to the 2021 and 2022 beneficiary RMDs. They could require them to be added to the 2023 RMD, or they could just be content to collect larger RMDs in the remaining years through year 9, and then a total distribution in year 10. I don’t know that the penalty waivers for 2021 and 2022 are predictive that they are going to stick with the annual RMDs within the 10 year rule, or just wanted to put the questions regarding the penalties to rest until next year.