COVID-19 relief for retirement plans and IRAs
Information on this page may be affected by coronavirus relief for retirement plans and IRAs.
Spouse only | Non-spouse | No designated beneficiary (including an estate, charity, or some trusts) |
|
---|---|---|---|
IRA owner dies on or after required beginning date |
Spouse may treat as his/her own, Distribute over spouse’s life using Table I*
Distribute based on owner’s age using Table I
|
Distribute using Table I
|
Table I
|
IRA owner dies before required beginning date |
Spouse may treat as her/his own; Take entire balance by end of 5th year following year of death, Distribute based on Table I
|
Take entire balance by end of 5th year following year of death, Distribute based on Table I
|
Take entire balance by end of 5th year following year of death |
* Table 1 - Single Life Expectancy, Appendix B, Publication 590-B