Required minimum distributions after the account owner dies

For the year of the account owner’s death, use the RMD the account owner would have received. For the year following the owner’s death, the RMD will depend on the identity of the designated beneficiary.

  • minimum, distribution, distributions
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Required Minimum Distributions (RMDs)

You cannot keep retirement funds in your account indefinitely. You generally have to start taking...

Do these rules apply to my retirement plan?

The minimum distribution rules apply to: traditional IRAs SEP IRAs SIMPLE IRAs 401(k) plans...

Calculating the required minimum distribution

The required minimum distribution for any year is the account balance as of the end of the...

Beginning date for your first required minimum distribution

IRAs (including SEPs and SIMPLE IRAs) April 1 of the year following the calendar year in...

Date that you turn 70½ (72 if you reach the age of 70 ½ after December 31, 2019)

You reach age 70½ on the date that is 6 calendar months after your 70th birthday. Example: You...