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Correction to Advisor Insights Article 12/13/18    Back to Corrections List
     
 Corrected 12-14-18
by Morningstar Staff  

We corrected several errors in the article “Calculating the Required Minimum Distribution from Inherited IRA” including:

The required beginning date is not "the year he or she would have reached age 70 1/2." It is "April 1 of the year following the year he or she would have reached age 70 1/2."

Clarified the options for surviving spouses who inherit IRAs as sole beneficiaries, when the owner dies before his/her RBD

Clarified the options for surviving spouses who inherit IRAs as sole beneficiaries when the owner dies on or after his/her RBD

 
   

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