Roth IRA inheritance from a deceased spouse options. . .
 

Many have made a Roth IRA conversion, especially if married to avoid the dual income from large IRAs, if you have been successful in retirement planning and savings and investments.

Now in retirement, unfortunately a spouse with a ROTH IRA passes away and you are the beneficiary of the ROTH IRA, what are your options and what should you do?

You have 4 basic options:
• 10-year rule
• Life expectancy payments
• Lump sum
• Transfer
• Distribution and rollover

each one has its advantages and disadvantages. . so for your specific situation, you should consult a financial advisor and / or a tax professional. . .

The basic consideration should be your financial situation, your health for your estimated longevity, and the inherited ROTH IRA contingent beneficiaries, if different than your beneficiaries.

the following link has an excellent summary of the options, as a generalized discussion of your options. .

Roth IRA Beneficiary Options and Reporting Requirements — Ascensus

the larger the ROTH IRA, the more important that the rules are understood and followed. .

sincere condolences in advance for anyone who has lost a spouse or will shortly. .