Reply To: inheriting an IRA and minimum distribution rules

Home Fairmark Forum Retirement Savings and Benefits inheriting an IRA and minimum distribution rules Reply To: inheriting an IRA and minimum distribution rules

#19654
Alan S.
Participant

Bruce, the Secure Act eliminated the 5 year rule other than for non DB beneficiaries for deaths prior to RBD. I doubt that a particular custodian would restrict the distribution period to 5 years on their own, so perhaps the friend inherited through decedent’s estate or NQ trust.

Another possibility is that brother’s Roth was already inherited under the prior 5 year rule provisions. Probably more likely is some confusion on what the person was told.