I'm trying to (slowly) do a book for DW (or our sons) on what to do after one or both of us dies. We just had a Nevada will made to replace our Texas will and the question of what happens to my 403b from Texas State Employers and whether it was different from IRA rules has been on my to-do list. Right now nmy 403b and DW's IRAs have each other as primary beneficiaries and the 2 DS as secondary.
From the IRA rule sheet someone linked, in
term of spouses:
"
Death of the account holder occurred in 2020 or later
Spousal beneficiary options
If the account holder's death occurred prior to the required beginning date, the spouse beneficiary may:
- Keep as an inherited account
- Delay beginning distributions until the employee would have turned 72
- Take distributions based on their own life expectancy
- Follow the 10-year rule
- Roll over the account into their own IRA
If the account holder's death occurred after the required beginning date, the spouse beneficiary may:
- Keep as an inherited account
- Take distributions based on their own life expectancy, or
- Rollover the account into their own IRA"
I can cross off one of my to-do items, based on the thread. Of course, this may change.