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IRS Clarifies RMD Options for Surviving Spouses Under Secure 2.0
Expert Opinion August 08, 2024 at 02:31 PM
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What You Need To Know
- The Secure 2.0 Act gave widows and widowers more flexibility in how to empty their deceased partner's retirement account.
- Surviving spouses are entitled to delay RMDs until the original participant's required beginning date.
- If the original participant would have started RMDs 2024 or later, the spousal election is permitted.
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