IRA BDA Question
Hello, I have a client who inherited an IRA from his mother (85 years old) in 2016 at age 64. He would have started to take RMD’s in 2017 at age 65 (22/9 LE factor). He passed away in 2025 and his wife is the beneficiary. Since this is a double inherited IRA BDA wouldn’t the wife have to continue taking RMD’s and based on the husband’s life expectancy in years 1 thru 9 and make sure the account is closed within 10 years?
Any feedback would be greatly appreciated. Thank you.
Permalink Submitted by Alan - IRA critic on Tue, 2025-05-06 13:13
You are correct. Wife continues to take RMDs based on husband’s LE, and must also drain the account by the end of 2035.