If the owner of an IRA dies in 2002 before taking his RMD for the year must his spouse who is over 70 1/2, as designated beneficiary, take a distribution from his IRA? If so, is the amount based on his RMD or her RMD?
Thanks
JAMES PATRICK
Aug 16 2002, 05:54 PM
It is based on his RMD.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.