Inherited IRA, Non Spouse
Client died, age 94, left IRA to brother, age 87.
Brother converted to an inherited IRA.
Theres no 10 year option when someone is this age, right?
When I use an Inherited IRA RMD calculator, its dividing the total amount in the account by 6.6.
Total account is close to 400k, so the annual RMD is a hefty chunk of income each year that he really doesn't need. I just want to be sure he doesn't have any other options.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
