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Retirement tax questions
Vanguard has the account set up correctly as an Inherited IRA as custodian for the deceased.
The original institution is Navy Federal Credit Union. I called today and I believe they are treating it as a rollover. I'll call again tomorrow and dive deeper into this. I read every piece of IRS literature i could on the subject and came to the same conclusion you did. I believe it was issued in error.
‎February 17, 2021
6:05 PM