Craig Wear explains how married couples can delay Required Minimum Distributions by rolling retirement funds to a significantly younger spouse. A 69-year-old married to a 60-year-old could move roughly a million dollars to the younger spouse and delay RMDs by about nine years, producing substantial savings.
Probably one of the most used is it allows you to roll the funds down to a spouse that might be significantly younger. Say, for example, the person is 69 years old and they're married to a 60 year old. Well, they're going to be paying RMDs in what, two and a half years? So if you can actually move a million $400 1K down to your 60 year old spouse, you're delaying the RMDs for like nine years. And you can do the math on that. And depending on the amount, you're not going to do that for 100,000, but for a million dollars, that's a significant savings.
