September 30th
- Deadline for identifying designated IRA beneficiaries
October 31st
- Deadline for providing all required documentation for a trust to the IRA custodian
December 31st
- RMDs (Required Minimum Distributions) – this deadline applies beginning with the year after the IRA owner dies
- Separate Account Rule – in the year after the IRA owner dies, beneficiaries have until this deadline to separate the inherited IRA so they may individually maximize the tax-deferred benefits of their IRA inheritance
9 Months (after IRA owner dies or beneficiary turns age 21)
- Disclaim an Inherited IRA – this deadline is important if a disclaiming strategy has been set in place or you inherited IRA assets and simply do not want to accept some or all of the money