New Rules: Aggregating Year-of-Death RMDs
Aggregation rules tell us that a living person with multiple IRAs can calculate the annual RMD for each account, and then take the total RMD from any combination of their IRAs.
New IRA Aggregation Rule When Doing a Rollover in an RMD Year
If you have multiple traditional IRAs and want to do a 60-day rollover (or Roth conversion) in a year when a required minimum distribution (RMD) is due, the IRS has a surprise for you.
The Roth IRA Advantage Under The Final RMD Rules
In 2020, the SECURE Act completely changed the game for nonspouse IRA beneficiaries. Here is some good news if you are inheriting a Roth IRA.
Year-of-Death RMD - Deadline Extended!
Ultimately, it is the responsibility of the beneficiary to take whatever remains of the unpaid year-of-death RMD.
New Rules For Spouse Beneficiaries When Death Is Before The RBD
Of all the many provisions in the SECURE 2.0 Act, none has been more perplexing than Section 327, which changed the rules for spouse beneficiaries.
IRS Issues Final SECURE Act Regulations: Controversial Annual RMD Requirement During 10-Year Rule Stands
The IRS is standing firm and maintaining the requirement that some beneficiaries must take annual RMDs during the SECURE Act’s 10-year payout period.
How Are Annual RMDs in the 10-Year Period Calculated?
The issue is whether a retirement account beneficiary subject to the 10-year payout rule who inherits from an IRA owner after the owner had started RMDs must continue annual RMDs during the 10-year period.
IRS "Hypothetical RMD Rule" Prevents Surviving Spouses From Avoiding RMDs
One of the more interesting rules from the 2022 IRS proposed regulations requires spouse beneficiaries in some situations to take RMDs before doing a spousal rollover.
401(k) RMDs in the Year of Retirement
Do you have to take a required minimum distribution (RMD) before rolling over the remaining 401(k) funds to an IRA?
Don't Overlook Your Beneficiary Form
While you have been saving for retirement, you may not have thinking about what happens to your IRA after your death.
A Wish List for the IRS Beneficiary RMD Final Regulations
After more than two years, we might actually be getting answers from the IRS on several important unanswered questions concerning RMDs for those who inherit IRAs or company plan accounts. Learn about the upcoming IRS Beneficiary RMD Final Regulations, changes from the SECURE Act, and how they impact your retirement account inheritance planning.
Roth 401(k) to a Roth IRA Rollover: How Does This Work?
As retirement account questions go, this is the shortest inquiry with the longest answer. What factors should you consider and what 5-year clocks apply with a Roth 401(k) to Roth IRA rollover.