Yes, as a spousal beneficiary you can roll over the account into an existing IRA, qualified plan,
annuity plan, tax-sheltered annuity plan, or a governmental plan, or by
creating a new IRA account. Contributions can be
made to increase the balance of the new account that has been set up,
and the Required Minimum Distributions (RMD) will be delayed until you (the spousal beneficiary) reach the
age of 70½. Any withdrawals which are made prior to the
age of 59½ will be subject to the 10% penalty tax unless they are rolled
into another qualified plan within 60 days (or are made pursuant to one
of the exceptions to the 10% excise tax).
For more information see the following IRS publication:
Required
Minimum Distributions for IRA Beneficiaries.
