RMD – yes or no?
The client’s DOB is 11/17/1949. Her date of death is 1/05/2022. My question is, does she have to take a RMD in 2022, or in this case, is a RMD distribution paid to her beneficiary required in 2022? I look forward to your response. Thank you. Jim Farber
Permalink Submitted by Alan - IRA critic on Thu, 2022-11-03 16:56
Since client’s RBD was 4/1/2022, she passed prior to RBD. As such there is no year of death RMD that her beneficiary must take. In addition, a non spouse beneficiary would not have to take any annual RMDs if the 10 year rule applies, and would only have to drain the inherited IRA by 12/31/2032.