Do I need to immediately take required minimum distributions (RMDs) from my spouse’s inherited IRA?

As a surviving spouse, you generally have more flexibility than other beneficiaries. You can often roll the inherited IRA into your own account and delay RMDs until you reach your own RMD age — currently 73 for anyone born after 1951. A wealth advisor experienced in inherited IRA strategies can help you evaluate the best approach for your tax situation and long-term income needs.