What are the minimum distribution requirements where a surviving spouse treats her deceased husbands IRA as her own?
November 10, 1999 Question: Husband and wife are over age 70-1/2 and have been receiving required minimum distributions for several years. Both have IRA accounts. In April, 1999, husband died without having received his 1999 required minimum distribution. Spouse was husband’s designated beneficiary and elected to claim husband’s IRA as her own and rolled over the balance in husband’s IRA to a new IRA established to receive the rollover. She named her children beneficiaries of the rollover IRA. Spouse now has two IRAs. She will take the required minimum distribution from her original IRA in 1999. The first question is: Is the spouse required to take a distribution from the rollover IRA in 1999, the year the rollover IRA was established, or in 2000, the year after the rollover was established. The second question is: Should a required minimum distribution have been distributed from the husband’s IRA before the account balance was rolled over into the IRA established by the spouse? Answer
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