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Is a lump sum beneficiary annuity distribution considered a RMD?
If I take the lump sum option on an inherited annuity, do I check "YES" to Turbo's question...."Is this a RMD"? I'm required to have all the money out of the annuity no later than 5 yrs following my mother's death. I know what the taxable portion is.....I just don't know if this is considered a RMD.
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‎June 6, 2019
5:47 AM