If you’ve inherited an IRA, learn about the required minimum distributions (RMDs) you may need to take soon, as well as how RMDs work in the long run.
Which rules governing RMDs apply to you depend on your relationship to the deceased original owner. The relationships fall into three categories:
- Spouse inheritors
- Non-spouse inheritors, such as son, daughter, brother, sister, or friend of the original owner
- Entity inheritors, such as a trust, estate, or non-profit organization
Review the guidelines below “For All,” and then review the tab that applies to you specifically.