Bram
Recycles dryer sheets
- Joined
- Dec 16, 2006
- Messages
- 227
DH inherited an IRA from his sister who passed a year ago. She had inherited it from her deceased husband in the 1990s & was taking RMDs. DH transferred his part of the account from her Fidelity to our Vanguard. He needs to start taking RMDs from it this year. We spoke to Vanguard about this & have been informed that since DH didn't inherit it from the original owner (his BIL), Vg won't be calculating the RMD.
I have a call into Vg to get more info, but I'm wondering if anyone has encountered this, or can shed any light on why Vg won't be calculating & sending the RMD for this "Inherited Inherited IRA". DH will be 70 in July, but age isn't a factor in when RMDs begin in this situation.
I have a call into Vg to get more info, but I'm wondering if anyone has encountered this, or can shed any light on why Vg won't be calculating & sending the RMD for this "Inherited Inherited IRA". DH will be 70 in July, but age isn't a factor in when RMDs begin in this situation.