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How do I take RMD for the tax year if I have multiple Traditional IRA accounts?
I have two Traditional IRA accounts at two different banks. Suppose my RMD for 2018 is $100 for IRA #1, and $500 for IRA #2. Does IRS allow below two ways of taking RMD?
1) Take the full RMD of $600 from IRA #1.
2) Take RMD of $300 from IRA #1, and take RMD of another $300 from IRA #2.
Thank you for your attention.
‎June 4, 2019
12:39 PM