RMD on father’s IRA after death
My father passed away in April 2025 and did not take his RMD on his IRA in 2025. His IRA was split between my sister and me (beneficiaries) and placed into Inheritence IRAs. I was informed that my father’s RMD was $30k in 2025 and that amount will need to be withdrawn or there will be a penalty. I understand the 10 year rule that I will need to take out RMDs out of my Inheritance IRA account. My question pertains to this year. Since my income for 2025 is $200k+ and my sister’s is considerably less, she said she would be willing to take the full amount out of her account. For 2025, is that acceptable or do each of us need to take out equal amounts.
Terry Says
I turned to Ed Slott, IRA Expert at www.IRAHelp.com for an answer to this tricky question! This is his response:
Yes, this is acceptable. For the year-of-death RMD not taken by the deceased, ANY beneficiary can take all or part of that amount. There is no requirement that the year-of-death RMD be distributed proportionately among multiple beneficiaries So, in this case, the sister can take the entire 2025 $30K year-of death RMD and it will be satisfied, and taxed to her alone.
Ed
