Skip navigation
te-0619-jones.jpg

Unlikely Trust Beneficiaries Shouldn’t Affect Required Minimum Distributions

A fix is needed.

Tax-deferred retirement accounts, such as individual retirement accounts and tax-qualified employer-sponsored retirement accounts, must make required minimum distributions (RMDs), including after the death of the employee or account owner.1 Typically, RMDs may be made over the life expectancy of the account’s death beneficiary, provided that the beneficiary meets the definition of “designated beneficiary.”  

ARTICLE ACCESS REQUIRED

Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).


If you are interested in unlimited article access for one year, please select Annual Subscription below.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish