RMD Question
Hello,
If a client is 72.92 at their time of passing, they would have turned 73 next month. Is RMD still due for this year? Spouse is the beneficiary and is looking to treat the assets as their own.
Thank you.
Hello,
If a client is 72.92 at their time of passing, they would have turned 73 next month. Is RMD still due for this year? Spouse is the beneficiary and is looking to treat the assets as their own.
Thank you.
Permalink Submitted by Alan - IRA critic on Thu, 2025-05-15 11:19
No.
If client had taken a distribution in 2025 before passing, the RMD would have applied to that distribution. However, death prior to RBD (4/1/2026) erases the RMD requirement for the year of death if decedent had not taken a distribution, therefore there is no RMD requirement for the surviving spouse for 2025 even if the spouse assumes ownership and is beyond RMD age.
Spouse may be subject to owner RMDs for 2026 if they are RMD age.