401K inherited from spouse

Apr 23, 2009 2 Replies
M

If a spouse inherits an IRA, IRS publication 590 explains that it can be treated as the survivor's own IRA. (Similarly for a 403B in publication



571.) An advantage of this choice can be longer deferral of the required minimum distribution.

Is the same true if a spouse inherits a 401K?


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P

In essence yes, but check with the plan about options. A lot of things in

401(k)'s are plan specific, and that could include options for spousal beneficiaries. The IRS Pub is 575.

-------------- Phil Marti, VITA Volunteer Clarksburg, MD

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