<prompt> Human: Hey rPersonalFinanceAs the title states, I have inherited an Inherited IRA from a deceased relative I am not a spouse. I have tried researching my options to gain a better understanding of what I have but am still a little confused with the withdrawal options.Ultimately, I believe taking RMDs over my life expectancy is the smartest option I am 24 years old, providing plenty of time for the money to grow in the IRA but I was looking to see if I could also take a larger sum out for my first year. Ideally I would pay off my remaining cc debt with this first withdrawal, and then I would not touch the money in the IRA for the rest of my life.I guess my fundamental question is: If I opt for the life-expectancy withdrawal option for an Inherited IRA, do I get to choose the amount I take out each year? Or is it a calculated amount that I have no control over.Thanks for the help!!  <response>: You are subject to RMD on an inherited IRA and must take out AT LEAST the required minimum amount every year. This minimum is computed based on life expectancy yours or the original owner depending on a number of factors that you didnt give sufficient detail to say. Theres nothing that prevents you from taking more than this minimum RMD in any year, except you will have to pay taxes on whatever you take. 