IRA Beneficiary Options Quick Reference

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Beneficiary

IRA owner Dies Before the RBD

IRA owner Dies on or After the RBD

Spouse as sole primary beneficiary

• Treat as own
• Life-expectancy Payments (Recalculation) –beginning the  later of (a) December 31 of the year following year of death or (b) December 31 of IRA holder’s 70½ year  or
• Five Year Option

• Treat as own , or
• Life expectancy Payments  taken over the Longer of (a) recalculated  life expectancy of spouse or (b)  nonrecalculated remaining life expectancy of decedent

Non-spouse beneficiary

• Life-expectancy Payments(Non-Recalculation): or
• The Five Year Option:

• Life expectancy Payments  taken over the Longer of (a) nonrecalculated  life expectancy of beneficiary or (b)  nonrecalculated remaining life expectancy of decedent

Non-person

• The Five Year Option

• Life expectancy Payments over the remaining life expectancy of the decedent - nonrecalculated

Qualified trust

• Life-expectancy Payments:
• The Five Year Option

• Life-expectancy Payments: