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Five-Year Rule
(redirected from Five Year Rule)

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Five-Year Rule
An option for the heir of an IRA account holder who dies before the required beginning date. Under the five-year rule, the appropriate heir must receive all assets from the IRA by December 31 of the fifth year following the account holder's death. The heir may opt out of the five-year rule and receive the assets over his/her life expectancy, effectively treating the heir as if he/she were the account holder. It is important to note that the five-year rule only applies to account holders who die before the required beginning date.


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Proved undeveloped reserves in Elm Grove Field were reduced by 112 Bcfe due to the five year rule.
Salim Saifullah said during their five year rule, no party convention was held, workers were ignored and nor their problems were resolved.
The UPA government, during its five year rule, without discrimination, provided funds to all States for different programmes.
 
 
 
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