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RMDs for Inherited IRAs

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    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?

    #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.

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