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Can I take my required minimum distribution due on my transfer payout annuity from the roll-over IRA account.
I am rolling over my annuity at TIAA to my IRA account with Schwab. I should
start taking my required minimum distribution this year. I am wondering
whether I can take it on the Schwab side?
The problem is that TIAA does not have provision for me to directly withdraw
fund to satisfy the required minimum distribution. If I want to do the
required minimum distribution with TIAA, I would need to change the current
transfer payout contract to a new annuity contract.
Topics:
May 31, 2019
5:57 PM