RMDs for Inherited IRAs

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • bruehaus
    Member
    • Jul 2007
    • 36
    #1

    RMDs for Inherited IRAs

    Is the required minimum distribution for an inherited IRA waived for 2009? I know it is for over 70 1/2, but what about inherited IRA's?
    Tags: None
    • Bees Knees
      Senior Member
      • May 2005
      • 5456
      #2
      TheTaxAuthority Update service posted 12/23/2008 says:

      New law. No RMD is required for calendar year 2009 from IRAs and employer-provided qualified retirement plans that are defined contribution plans (including 401(k) plans). The next RMD is for calendar year 2010. This relief applies to lifetime distributions to employees and IRA owners and after-death distributions to beneficiaries.

        Comment

        Previous template Next

        Disclaimer

        Collapse

        This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

        Working...