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 ...
Estimate your inherited IRA's required minimum distribution (RMD) with Schwab's inherited IRA RMD calculator. Calculate your inherited IRA's RMD.
The rules work differently for IRAs that you inherit. Before the SECURE Act, most beneficiaries had to take RMDs. But they could reset the RMD clock, so to speak, by using their own ages—presumably much lower than the deceased’s—and life expectancies to calculate the size of the require...