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Taxpayer's 7 2 nd birthday is August 1 3 , 2 0 2 3 . Is this statement correct regarding Required Minimum Distributions ( RMD

Taxpayer's 72nd birthday is
August 13,2023.
Is this statement correct
regarding Required Minimum
Distributions (RMD's) from his
retirement accounts?
Taxpayer's spouse is 8 years
younger than Taxpayer and
the designated beneficiary of
Taxpayer's SIMPLE IRA. If
Taxpayer passes away in
2024 and the spouse inherits
the IRA, the spouse may treat
the account as their own and
stop receiving RMDs until the
spouse turns 72.
Click 'Yes' or 'No' for each option until
complete.
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