But some IRA custodians are more versed than others in the complex rules surrounding inherited IRAs. “Talk about it with the custodian ahead of time,” says Tully. “Plans are great, but only as far as the ability to have them properly implemented.” ...
RMD: Required minimum distributions are based on your age and are calculated using the IRS Uniform Lifetime Table life expectancy factors. The Uniform Lifetime Table factors are based on two lives and are roughly double the factors in the IRS Single Life Expectancy Table; as a result, payments...