Inherited IRA bene is non spouse
Aunt died 07/25/2020, bene is niece age now 68.
Does bene need to take equal distributions over 10 years or RMD’s until all is out in 2030?
TIA
Aunt died 07/25/2020, bene is niece age now 68.
Does bene need to take equal distributions over 10 years or RMD’s until all is out in 2030?
TIA
Permalink Submitted by Alan - IRA critic on Thu, 2024-02-08 15:51
If aunt was RMD age, niece must take annual RMDs and drain the inherited IRA in 2030. However, the IRS waived the 2021-2023 annual RMDs and we don’t know if they will for 2024 yet.