You can transfer assets into an inherited IRA in your name and choose to take RMDs over your life expectancy or that of the deceased account holder’s. You can transfer assets into an inherited IRA in your name and choose to take distributions over 10 years. You must liquidate the account...
RMD: Unlike a Traditional IRA, the timing of the required minimum distribution is based on the decedent's age at the date of death and is calculated using the IRS Single Life Expectancy Table life expectancy factors. Disclaim the proceeds. By not claiming the inheritance, the remaining primary ...