How do I complete a Required Minimum Distribution (RMD) for the deceased owner of an IRA?
If the decedent was required under IRS rules to complete an annual RMD but had not completed the RMD for the year in which they died, it is important that you notify their Ameriprise financial advisor or the Estate Settlement department of this as soon as possible. The methods available for fulfilling the RMD from the IRA can differ depending upon the type of IRA investment and the type of beneficiary designated for the IRA.
If the decedent was required under IRS rules to complete an annual RMD but had not completed the RMD for the year in which they died, it is important that you notify their financial advisor as soon as possible. The methods available for fulfilling the RMD from the IRA can differ depending upon the type of IRA investment and the type of beneficiary designated for the IRA.
Related Questions
- I am over 70½ and need to take a Required Minimum Distribution (RMD) from my IRA. Can I convert my assets to a Roth IRA before the RMD deadline to avoid taking this years distribution?
- What are the minimum distribution requirements where a surviving spouse treats her deceased husbands IRA as her own?
- How do I complete a Required Minimum Distribution (RMD) for the deceased owner of an IRA?
