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Retirement tax questions
Assuming that you are not disabled, which would make you an Eligible Designated Beneficiary, you are subject to the 10-year rule because your mother died in 2022. Because the IRS has not finalized the regulations for taking annual RMDs under the 10-year rule, the IRS has waived the penalty for failing to take the 2023 beneficiary RMD. There is no need for you to do anything.
‎June 26, 2024
2:22 PM