Personal Finance (Not Investing) • RMDs

1. I have an IRA with Schwab. Every year they let me know what my RMD is.

2. When I and my wife die, a descendant's trust will be created for my son. It will have an inherited traditional IRA. Will Schwab have enough information to let him know what the RMD is each year or is this something that has to be calculated by him via his accountant?

Thanks.

Statistics: Posted by veeceeone — Wed Aug 21, 2024 9:09 am — Replies 1 — Views 76

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