RMD requirements. Wife age 71 inherits beneficiary IRA from deceased spouse
Wife age 71 inherits beneficiary IRA from spouse who has just died. His IRA was a beneficiary IRA prior to 2011 and was taking RMD’s from his father. What is her RMD needs? Continue based on her age table which is obviously longer than the table for her father in law, the original IRA?
Permalink Submitted by Alan - IRA critic on Mon, 2025-01-13 17:22
The deceased spouse was taking RMDs based on his life expectancy and his wife (a successor beneficiary) must continue his RMD schedule, reducing the divisors by 1.0 each year. She is also subject to the 10 year rule, which requires the inherited IRA to be drained in the 10th year if the annual RMDs do not drain it sooner by the divisor falling below 1.0.
Whether the spouse passed in 2024 or 2025, if his year of death RMD was not completed, wife must complete it.