cddaymon
New Member

Double inherited IRA

My father passed in 2015. My mom did not do a spousal assumption on the IRA or a rolloverto her own IRA. Mom passed 2024. Each of us kids have inherited a portion if this IRA.  Do we have 5 years or 10 years to withdrawal since rules changed in 2019? I have received different answers. Also, I was told by one source the RMD will be based on my mother's age going forward. This same source said there is no timeframe that the funds need to be removed by.