Option #2: Open an Inherited IRA: Life expectancy method Option #3: Open an Inherited IRA: 10-year method Option #4: Lump sum distribution Traditional IRA: Spouse inherits after RMD date If your spouse (the account holder) had already reached their required beginning date to start taking ...
Inherited IRA rules: 7 key things to know 1. Spouses get the most leeway If someone inherits an IRA from their deceased spouse, the survivor has several choices of what to do with it: Treat the IRA as if it were your own, naming yourself as the owner. ...
Non-spouse beneficiariesmay not treat an inherited IRA as their own. That is, they may not make additional contributions to the account nor can they transfer inherited funds into their existing IRA account. Non-spouses may not leave assets in the original IRA. They must set up a new inherite...
RMDs can be complicated. Let our calculator guide you step-by-step to estimate your inherited RMD.