kathyc2 Posted February 28, 2022 Report Posted February 28, 2022 My understanding is that if an IRA is inherited by a sibling or equivalent, the age of the deceased determines whether they need to take distributions. If the deceased had not reached age where RMD's are required, beneficiary can wait until year 10 to take distribution. If the deceased was RMD age, beneficiary needs to take out at least the RMD. Am I correct or confused on this? Quote
kathyc2 Posted February 28, 2022 Author Report Posted February 28, 2022 Never mind, I see I was wrong after reading the 590B that's still in "draft" mode. Arggghh! Quote
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