Reply To: Reversing an Decedent’s RMD

Home Fairmark Forum Retirement Savings and Benefits Reversing an Decedent’s RMD Reply To: Reversing an Decedent’s RMD

Alan S.

Bruce, you are correct, but for a different reason. Rev Proc 2003-16 authorizes an executor to roll over a distribution made to the decedent if the estate is the beneficiary, and under current procedures, the 60 day deadline could also be waived due to the death of the IRA owner.

However, in this case, the distribution was an RMD and an RMD can never be rolled over, so the answer is no, but not because the owner is now deceased.

For beneficiary RMD requirements Joan did pass prior to her RBD, and if her estate was the beneficiary the 5 year rule will apply.