Inherited IRA RMDs Made Simple:
A Practical Guide for Beneficiaries

Helping you navigate inherited IRA rules with clarity and confidence.

Introduction

Welcome to Inherited IRA RMDs Made Simple: A Practical Guide for Beneficiaries. This guide was developed for you to assist your clients in understanding the required minimum distributions (RMD) that may apply to them as an IRA beneficiary. It is approved as an educational tool for you to use with clients and is not individual tax or legal advice.

Once you and your client walk through the guide based on your client’s unique individual situation, your client may be wondering what their next steps may be. We have developed an administrative checklist for you to provide to your clients for their use. See Inherited Traditional IRA Distribution Options – For Individuals.

Finally, we recommend you remain in touch with your client following your meeting.

Note: When navigating through this guide, be sure to review the key definitions at the bottom of each page.

This information is not intended as tax or legal advice and is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code. Each taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. Please encourage your clienst to consult with their attorney or accountant prior to acting upon any of the information contained herein.

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest, Addison, TX, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. This document may not be copied, transmitted, or otherwise disseminated in any way without the express written permission of National Life Group. The companies of National Life Group® and their representatives do not offer tax or legal advice. Please encourage your clients to consult with their appropriate professional advisor.

Guarantees are dependent upon the claims-paying ability of the issuing company.

TC8652397(0126)1 | Cat No 108306(0126)