The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  https://boards.fool.com/inherited-ira-32924758.aspx

Subject:  Inherited IRA? Date:  12/15/2017  11:54 PM
Author:  vkg Number:  126615 of 130422

It is true that the first RMD must be in the year the original owner passed away?

My sister passed away suddenly. Our county is the one of the worst counties for probate in the state. It is likely that it will take at least two months to appoint an executor. At this point, I am not even certain where her accounts are held. She did have an IRA somewhere but wasn't old enough for RMDs. For now, I am just trying to get my feet under me, taking care of her pets and arranging a funeral.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us