Can my client use the five-year rule to take distributions from the IRA? The owner was age 80 when he died
Last Updated April 2, 2009
Question:
My client inherited an IRA from his father who died at age 80. Can my client use the five-year rule to take distributions from the IRA?
Answer:
No. The five-year rule is not an option when the IRA owner dies on or after the required beginning date (RBD).