Inherited IRA RMD rules

Forum|Forum|1 year ago
December 20, 2024
2 replies
17 views

Hello,

Curious if there has been any new updates on the guidelines for Inherited IRA's and RMD's.???

Nothing stays the same! 😉

Dawn

ProSeries Professional

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

I feel like I have to look up the rules everytime someone asks about it!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

SensibleandHourlyAuthor

Level 6

Ikr? I don't think he has to until 2025, but I couldn't find it on an IRS posting. I did find info from other sources like Kiplingers and then you never know what is most recent!

T

Terry53029

Intuit Community Champion

You can check 2024 pub 590B for latest rules, but I believe this irs site has latest also.

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-beneficiary

qbteachmt

Level 15

It's not new, it's clarification as to the mechanisms. In another topic here, there is this link:

https://www.irs.gov/newsroom/treasury-irs-issue-updated-guidance-on-required-minimum-distributions-from-iras-other-retirement-plans-generally-retains-proposed-rules

Which might be useful. The difficulty comes from all the little details specific to your scenario, such as date of death, relationship and age of beneficiaries, type of IRA, etc.

Don't yell at us; we're volunteers

Sign up

Login with SSO

Let's get you signed in

Login with SSO