Inherited Traditional IRA

[Michael Bertsch]

Seeking some guidance from you guys! I need to help my father who is disabled with a inherited traditional IRA. He is going to be receiving it next week from Chase and then we are going to transfer it to Vanguard. From my understanding, there is going to be required minimum distributions (RMD). Can he file for an exemption? If so, what is the process for filing?

Could he lose his social security disability benefits if he withdraws too much from the ira?

[Doug Smith]

I have questions about your post. Since BP is a real estate investment forum and Vanguard does not allow you to self-direct into real estate or private lending, what is the end goal...real estate investment or investment in traditional stock brokerage products? Although they say your IRA will be "self-directed" at Vanguard or any other stock brokerage platform, you will only be able to get exposure through REITs and the like. Advising you where to go to get your answers depends heavily on that end goal. If I know that, I can answer the questions.