Inherited ​Individual Retirement Account

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Have you inherited retirement savings from an employer-sponsored retirement plan or from a Traditional or Roth IRA? Learn what your choices are because distribution options and tax consequences vary depending upon IRA or plan and whether you are a spouse, non-spouse or non-individual (e.g. estate, trust, charity, etc.) beneficiary. It is very important to always seek advice from a qualified tax professional. Below are some of the options that may be available to you.

​Beneficiary Options

​Spousal Beneficiary Options

Death was before the Required Beginning Date (under age 70½):

​Death was after the Required Beginning Date (age 70½ or older):

Non-Spousal Beneficiary Options

Death was before the Required Beginning Date (under age 70½):

Death was after the Required Beginning Date (age 70½ or older):

​Non-Individual Beneficiary Options

Death was before the Required Beginning Date (under age 70½):

Death was after the Required Beginning Date (age 70½ or older):

IRA Service Center

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*Consult with your tax advisor.