Understanding RMDs for Inherited 401(k) Accounts

Reported 15 days ago

A widower seeks advice on required minimum distributions (RMDs) from his late wife's 401(k), emphasizing that she wasn't 72 when she passed. Depending on whether he rolls it into his IRA, transfers it into an inherited IRA, or opts for a Roth conversion, the timing and amount of RMDs will differ. Specific deadlines are given for each option, with detailed recommendations on potential financial strategies.

Source: YAHOO

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