So now I went to look at the RMD life expectancy schedule and came across the following, which is what originally made me think I didn’t need RMDs but just to deplete the account within 10y. Again, I’m not generally of RMD age (60) but they were:
https://www.irs.gov/publications/p590b#en_US_2022_publink100090130
10-year rule.
The 10-year rule requires the IRA beneficiaries who are not taking life expectancy payments to withdraw the entire balance of the IRA by December 31 of the year containing the 10th anniversary of the owner’s death. For example, if the owner died in 2022, the beneficiary would have to fully distribute the IRA by December 31, 2032. The beneficiary is allowed, but not required, to take distributions prior to that date.
So I don’t need to take RMD? Just seeing conflicting information! Very confused.
