Double inherited IRA

cddaymon — Wed, 11 Feb 2026 10:56:16 GMT

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.

Re: Double inherited IRA

AmyC — Thu, 09 Jan 2025 20:50:13 GMT

The law change is based on the date of death. The rules vary depending on eligible designated beneficiary or simply a designated beneficiary.

From Beneficiaries: An eligible designated beneficiary is

Spouse or minor child of the deceased account holder
Disabled or chronically ill individual
Individual who is not more than 10 years younger than the IRA owner or plan participant

For your mother's IRA, if you are a designated beneficiary, you would have 10 years. If you are disabled or have chronic health issues, you could qualify as an eligible designated beneficiary. An eligible designated beneficiary may:

Take distributions over the longer of their own life expectancy and the employee's remaining life expectancy, or
Follow the 10-year rule (if the account owner died before that owner's required beginning date)

As for your father's IRA, I will assume that your mother was taking the RMD each year and following these rules from IRS Beneficiaries:

Death of the account holder occurred before 2020

Spousal beneficiary options

If the death of the account holder occurred prior to the required beginning date, the spousal beneficiary's options are:

Keep as an inherited account
- Take distributions based on their own life expectancy, or
- Follow the 5-year rule
Rollover the account into their own IRA

This would mean that you are inheriting this account from your mother, despite it being in your dad's name. You would follow the same rules for either eligible designated or designated above.

I am very sorry for the loss of both parents.

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Double inherited IRA

Re: Double inherited IRA