Does changing beneficiaries affect the IRA holders RMD calculation?
For purposes of calculating RMDs during an IRA holder’s lifetime, the beneficiary named does not affect the calculation, unless the primary beneficiary changes to or from a sole spouse beneficiary who is more than 10 years younger than the IRA holder. If your sole beneficiary is a spouse who is more than 10 years younger than you, you may use your and your spouse’s ages to determine your joint life expectancy using the Joint and Last Survivor Table. If you change the beneficiary, and your spouse is no longer the sole beneficiary, you must switch to the IRS’ Uniform Lifetime Table to find the applicable distribution period for calculating your RMDs. Back to Top Calculating RMDs after the death of a beneficiary A beneficiary’s death generally only affects RMDs when the beneficiary is a spouse and the spouse is more than 10 years younger than the IRA holder. In this instance, the IRA holder would switch to the Uniform Lifetime Table. Back to Top Is there an exception to the required minim
