How to Handle Taking a Final RMD After Death

Heirs are responsible for the last required minimum distribution when someone dies. Here's how it works.

A person laying a flower on a gravestone
(Image credit: Getty Images)

Think you are off the hook for your annual required minimum distributions if you pass away? Think again. Death does not excuse you from taking RMDs from retirement accounts, says Uncle Sam. If you have been taking RMDs every year but haven’t taken your annual RMD before you die, that money must still come out of the account.

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Rachel L. Sheedy
Editor, Kiplinger's Retirement Report