What Is the Minimum Distribution for an Inherited IRA?


Quick Answer

The minimum IRA distribution for any year is the account's balance as of the end of the year prior divided by a distribution period from the uniform lifetime table, explains the IRS. Worksheets are available on the IRS website.

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Full Answer

The required minimum distribution for an inherited IRA is the same as a noninherited IRA, according to the IRS. The only difference is that there are many variables that change when a minimum distribution is required. The variables are the account owner's age, the beneficiary being a spouse or nonspouse, and the beneficiary's age. Because there are many different factors, it is important to review the IRS website to make sure the requirements are met.

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