codger41: "If a Roth passes to a nonspousal beneficiary there are certain periodic withdrawal requirements, i.e., the total account must either be withdrawn within 5 years or else the account be withdrawn over the life expectancy of the beneficiary in periodic payments. My question is whether or not a beneficiary, having selected the periodic lifetime withdrawal method, can draw the account down faster than the required minimum distribution? Asked differently, is the minimum required distribution also a maximum distribution?"I am about 99% certain that the answer to this question is no; the non-spousal beneficiary may withdraw more. You may want to wait for one of the resident pros to weigh in.Regards, JAFO
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra