Beth died on December $31,2024,$ at $76$ years old. For RMD purposes, her applicable age was $70(1)/(2).$ The sole beneficiary of her traditional IRA is her son, Greg, who is $45.$ His applicable age is $73.$ The terms of her plan say that Greg is subject to the $10-$year rule. Assuming he does not elect to treat the IRA as his own, which is correct?

$$Greg must take his first and only RMD from Beth$$s IRA in the $10$th year following the year of Beth$$s death.

Greg must take annual RMDs for each of the next $10$ years, with the entire interest distributed at the end of the $10$th year following the year of Beth$$s death.

Greg must distribute the entire interest of the IRA by the end of the $10$th year following the year of Beth$$s death, but annual distributions are not required.

Greg must start taking RMDs from the plan when he turns $73.$

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