Date: Tue, 5 Dec 2006 12:16:29 -0600
From: joetaxpayer 
Subject: Re: Inherited IRA distribution help.
Newsgroups: misc.invest.financial-plan
	iQBVAwUARXW3ffl/I4+O31e5AQEIqAH6Ao4DR9N73yOWvUIW1KtH++m0I1h9FTpW
	46/ij/I7iklcgDtziMhYsE4DldDr9iEWGE73bPbnaWt04U9Ka7cwNw==
	=erbx



kastnna wrote:

> Thanks Joe. I got a good hold on all of the 5 year, 1 year, and life
> expectancy rules for inherited distributions for both pre and post RMD
> situations, I just couldn't find anything on the early distribution
> penalty.
> 
> The client is still very much alive and hopefully a lump sum will not
> be necessary, he just wants to understand his options.
> 
> Thanks again


Okay, ten permit me to state the obvious (for other's benefit).
Start with the life expectancy rule by taking the first withdrawal in 
time, and track the RMD. Each year, the beneficiary can always take out 
more. Good luck to you.
JOE