Help - Search - Members - Calendar
Full Version: IRA Minimum Required Distributions
BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs
MarZDoates
I have a technical question regarding IRA minimum distribution requirements and the new regs:

Client began receiving minimum distributions in 1988. We are unable to determine what method (joint, single, etc.) he was using.

He died in 1994 at which time a trust was established and his wife began receiving distributions. She was 69. The initial divisor was "17" and declines by 1 each year.

The question is: Can we change the method to distribute based on HER life expenctancy under the new regs? Objective is to slow the distributions down.
Appleby
I don’t see why not.

According to the final regulations, the new RMD rules , effective 01/01/2003 and optional for 2002, applies to all participants and beneficiaries.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2009 Invision Power Services, Inc.