A beneficiary could always take more than the RMD. However, it would not make sense from a tax-planning perspective to take more than the minimum required in the beneficiary's prime earning years when they were in a high tax bracket. “This may cause their total taxable income to increase ...
In fact, the finalrequired minimum distribution(RMD) regulations state, “A designated beneficiary need not be specified by name in the plan...in order to be a designated beneficiary so long as the individual who is to be the beneficiary is identifiable under the plan,” per Treasury Regulatio...
IRA subdivided into trusts for each beneficiary satisfied RMD rules.(required minimum distribution)O'Driscoll, David
Use this form to request a distribution to the beneficiary of an IRA, SEP, SAR-SEP, 403(b), Profit-Sharing or Money Purchase Pension Plan account. Literature Code: RRET-FBDST Next Update 05/24 Format PDF This website is intended for residents of the United States. ...