Reply To: RMD

Alan S.

OK, if you do the direct rollover to your own IRA this year, the plan must distribute the 2021 inherited 401k RMD to you using the single life table based on your age as of 12/31/2021. The rest of the balance will be rolled over to your IRA, but you cannot avoid this higher 2021 beneficiary RMD from the 401k this final year. Would have been better to have rolled it over last year with no RMDs, and the lower Uniform table would apply to your 2021 IRA RMD.