Personal Investments • Rules for non-spouse beneficaries of Inherited ROTH IRAs

That is correct.
The key rule here is that Roth IRA owners always pass prior to RBD, because Roth IRA owners do not have RBDs.

First, for the record, RBD stands for... Roth Beneficiary designate? I believe I know what you're talking about, the adult designated beneficiary who inherits the Roth IRA, but who is not an EDB (Eligible Designated Beneficiary) which you describe elsewhere.

As such, the IRS Secure Act proposed Regs were clear from the start that a 10 year rule designated beneficiary of a Roth owner does not have to take annual RMDs - just drain the inherited Roth in year 10.

This seems to be in contrast with Jebmke's post above, taken from the IRS which I link here:
https://www.irs.gov/publications/p590b

Also, my quotation above from the IRS seems to suggest RMDs were not required, then were, and now are not again. What was that referring to?

Statistics: Posted by avalpert1 — Thu Aug 29, 2024 3:16 pm — Replies 8 — Views 448