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Retirement tax questions
Agree that each account has separate RMD requirement. However if all IRA accounts total 1000.00, by IRS rules, RMD can be taken from a single IRA account to meet total of required 1000.00 RMD. The question is (Can 401k excess amount, above and beyond the 401K RMD, be used to reduce or meet the IRA RMD amount. Note the difference between the two types of accounts (401K and IRA).
‎June 6, 2019
6:10 AM