The part of the 590-B rough draft that is throwing me is the 2nd paragraph on page 10. Please read it. It states:
"The 10-year rule applies if (1) the beneficiary is an eligible designated beneficiary who elects the 10-year rule, if the owner died before reaching his or her required beginning date; or (2) the beneficiary is a designated beneficiary who is not an eligible designated beneficiary, regardless of whether the owner died before reaching his or her required beginning date. "
Note the last sentence just above, beginning with the word 'regardless'. How do you interpret that as having to do yearly RMDs? Or to emphasize, should I have more than one ?????????
