Summerlin Benefits Consulting Q&AAnswer
Oct 23, 2024 - 12:03 PM
Under the SECURE Act 2.0, surviving spouses must now choose to be treated as the participant for RMD purposes, rather than it being automatic. If they do so, they can delay RMDs until they reach the required age, which benefits younger spouses. Additionally, RMDs may be calculated using the Uniform Lifetime Table, typically resulting in lower withdrawal amounts. These changes, effective from 2024, provide greater flexibility for surviving spouses regarding their retirement accounts.
