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?
Announcement
Collapse
No announcement yet.
RMDs for Inherited IRAs
Collapse
X
-
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.
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.
Comment