Unlikely Trust Beneficiaries Shouldn’t Affect Required Minimum Distributions

Tax-deferred retirement accounts, such as individual retirement accounts and tax-qualified employer-sponsored retirement accounts, must make required minimum distributions (RMDs), including after the death of the employee or account owner.¹ Typically, RMDs may be made over the life expectancy of the account’s death beneficiary, provided that the beneficiary meets the definition of “designated beneficiary.”