If you are a non-spouse designated beneficiary, you use the Single Life Table to calculate your Inherited RMD. This means that if the previous IRA owner died before age 70, then you calculate your RMD by looking up your divisor for the age the year after the IRA owner died and then ...
Although the timing and amount of RMDs will likely change, assets inherited in an IRA will receive the same tax treatment when passed to aspouse,child, or relative,though non-spouse beneficiaries can no longer ‘stretch’ the distributions over their lifetime by taking required minimum distribution...
The discussion that follows (as well as the link to the calculator) illustrates the procedure for calculating Required Minimum Distributions (RMDs) for an IRA, 401k, or other qualified retirement plan that you own. Inherited IRAs and other accounts follow a different procedure which we’ll cover ...