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Re: My mom is of RMD age (75) and opened a brand new SEP IRA in 3/2021 (for tax year 2020) so had $0 in it until 3/2021. Is she required to still take a 2021 RMD from it?
fanfare
Level 15
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Retirement tax questions
The RMD is based on the year end value of the
prior
year.
‎November 20, 2021
4:31 PM
