Retirement tax questions

 

So the RMD amount would be over $10,000?    Are they telling you that you can withdraw $10,000+ from an account with $1,000 in it?

 

I am not sure how RMD's are calculated on annuities - there are special rules (User @dmertz do you know?)

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**