2021 Required Minimum Distributions – Due Date
RMDs are required for everyone with IRAs and 401(k)-type accounts (but not defined benefit plans) for clients age 72 or older.
If you inherited an IRA prior to 2020, you are required to take a distribution every year, regardless of age. If you inherited an IRA in 2020 or later, you are not required to take a distribution every year, but you are required to distribute the full balance of the account within 10 years. Ask your advisor about your plan for distributing your inherited IRA and if you should be taking an RMD from your inherited IRA this year.