Inherited IRA's

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senk182
Posts: 1
Joined: Wed Nov 15, 2017 5:08 pm

Inherited IRA's

Post by senk182 »

Is there a way to input an Inherited IRA?
jimr
Posts: 821
Joined: Thu Feb 28, 2008 6:48 pm

Re: Inherited IRA's

Post by jimr »

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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