Year of death RMD. Died before turning 73
Client passed at 72. Leaving IRA to sister 65. Normally, id think sister can stretch and start her RMD next year and no RMD for year of death. However, since deceased would have turned 73 later this year, July of 2024, is there a RMD for year of death? I first thought no but now wondering.
Permalink Submitted by David Mertz on Mon, 2024-03-11 18:39
There is no year-of-death RMD because the client passed before the client’s required beginning date for RMDs.