Download our Flowchart: Should I Inherit My Deceased Spouse’s Traditional IRA??

There are a few options a client can consider when they inherit an IRA from their spouse. The best option for you will depend upon a variety of factors, and the relevant rules and decision points can be confusing. To help make the analysis easier, we have created the “Should I Inherit My Deceased Spouse’s Traditional IRA?” flowchart. It addresses common issues that arise when a client inherits a traditional IRA from a spouse:

Inheriting the IRA vs. rolling the IRA into the client’s own traditional IRA | 10-Year Rule vs. Life Expectancy Rule | RMD calculations | Considerations based on age and income needs