RMD reduction
Can a Client use a non spouse primary beneficiary to reduce the RMD rate or does that only apply to spousal beneficiary?
Can a Client use a non spouse primary beneficiary to reduce the RMD rate or does that only apply to spousal beneficiary?
Permalink Submitted by David Mertz on Thu, 2023-01-26 22:23
The Joint Life and Last Survivor Expectancy table is only for use with spouse sole beneficiaries who are more than 10 years younger. All other participants use the Uniform Lifetime table.