Inherited IRA's

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Joined: Wed Nov 15, 2017 5:08 pm

Inherited IRA's

Post by senk182 » Mon Nov 27, 2017 7:32 pm

Is there a way to input an Inherited IRA?

Posts: 557
Joined: Thu Feb 28, 2008 6:48 pm

Re: Inherited IRA's

Post by jimr » Mon Nov 27, 2017 7:38 pm

The planner doesn't handle the special treatment of RMDs on an inherited IRA, so it'd be tricky to model it correctly in the planner.

One way to model it might be to determine the amount of annual net income you might get from distributions from the inherited IRA if you planned to exhaust the account over some fixed number of years. Then you could add that amount as a secondary source of retirement income each year.

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