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RMD from each inherited IRA or any inherited IRA?


Guest Dale

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Posted

An IRA owner must calculate the RMD on each IRA separately but is allowed to withdraw from all or any one. Can an heir who has more than one inherited IRA do the same?

Posted

Notice 88-38 permits either the IRA owner or a beneficiary to do this.

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Bruce Steiner, attorney

(212) 986-6000 (NY office)

(201) 862-1080 (NJ office)

also admitted in FL

Bruce Steiner, attorney

(212) 986-6000

also admitted in NJ and FL

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