1.) Can an inherited IRA be transfered to a spouse's name at any time or only when the spouse reaches 59 1/2? At any time. It then becomes the spouse's IRA, subject to rules based soley on the spouse's attributes, e.g., the premature distribution penalty applies under age 59 1/2.2.) Can the spouse take distributions in addition to the MRD from an inherited IRA without penalty? Yes.Phil
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