- What I meant by "I held the money back to cover the RMD" , is that I got the check for entire amount of money in 401k and deposited into the rollover IRA all of the money except the RMD which was deposited into checking account. If it makes any difference this was an inherited 401k by the spouse (my mother) and the 401k administrator said she had to take it all out and close account at this time, so we elected to do the rollover into IRA.
‎January 26, 2025
6:56 PM
