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I received IRA-BDA when my mother passed in 2009. I never took distributions. I withdrew the balance today after income tax was withheld. Are any other actions needed?
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August 21, 2019
11:12 AM
last updated
August 21, 2019
11:12 AM
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I received IRA-BDA when my mother passed in 2009. I never took distributions. I withdrew the balance today after income tax was withheld. Are any other actions needed?
Did your mother die before April 1 of the year following the year she reached (or would have reached) age 70½?
(The answer to this determines what Forms 5329 need to be filed to request waivers of the 50% excess accumulation penalties for failing to take the required distributions.)
August 21, 2019
11:17 AM
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