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New Regs for Inherited IRA
My wife inherited an IRA from her mother in 2009. She elected to take RMD's over her lifetime.
She died in August 2021 so I Inherited the IRA. Even though she was my spouse I'm assuming it will be treated as a non-spousal IRA which must be "0" within 10 years.
QUESTION: Must I take an annual RMD and how is it calculated? I find the new IRS instructions sufficiently confusing.
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‎October 25, 2022
11:48 AM