@PS56k wrote:
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Got it - thanks - also.... looks like the RMD has to be withdrawn from each "group type" of accounts. So one RMD from Trad IRA and one RMD taken from 403b -
Lastly.... is there anywhere in TTax to track the Market Value of the 403b as a Reminder for the future RMD ? There are several places for the IRA info, with basis, etc - but nothing for tracking the year end market value of the 403b ?
Turbotax does not do that kind of tracking and reminding, it's designed solely as an end of year tax prep program. Something like Mint or Quickbooks might be able to remind you about your RMDs.
If you keep your 403b and your IRA separate, then you will indeed have a separate RMD requirement for your 403b and your IRA. If you did a rollover into an IRA, then you would calculate one RMD amount from your entire IRA balance. (But, you and your spouse still have separate RMD requirements because accounts owned by different individuals can't be combined.)
