Deceased Spouse is Younger
Hello,
Don passed away at age 75 in 2024 – Anna is surviving spouse age 77.
Preparing for 2025 RMD to Anna
Can I still use Don for future RMD’s? How?
Goal is to reduce income to family.
Thank you
Hello,
Don passed away at age 75 in 2024 – Anna is surviving spouse age 77.
Preparing for 2025 RMD to Anna
Can I still use Don for future RMD’s? How?
Goal is to reduce income to family.
Thank you
Permalink Submitted by Alan - IRA critic on Wed, 2024-09-25 14:17
She could use Don’t age for beneficiary RMDs, but those RMDs would still be much higher than if Anna elected to assume ownership of the inherited IRA because the Uniform Table would then apply. There is no reason for her to continue with the beneficiary IRA which would generate much higher RMDs and also would not benefit HER beneficiary.
She must complete Don’s 2024 RMD if he did not do so.