SPOUSE BENEFICARY - DEATH AFTER 2019: AFTER RBD
01.Core Concepts
• Surviving spouse has four distribution options from which to choose: 1. Distribute over the spouse’s own life expectancy, 2. Distribute over the deceased participant’s remaining life expectancy, 3. Roll to an account in the spouse’s own name, or 4. Elect to be treated as the employee. SPOUSE BENEFICARY ELECTION TO BE TREATED AS EMPLOYEE - DEATH AFTER 2019: AFTER RBD • This option is available as of 2024 (under the SECURE 2.0 Act). • The spouse must be the sole beneficiary to be treated as the employee. • Surviving spouse’s RMD will be determined using the spouse’s own age each year and the Uniform Lifetime Table. • Beneficiary of the surviving spouse (successor beneficiary) cannot be treated as an eligible beneficiary (nor would a new spouse be treated as a spousal beneficiary). • Surviving spouse could later elect to roll to their own IRA and name beneficiaries who would be treated as the initial (vs successor) beneficiary.