I rollered over a 403(b) account to a traditional IRA in December of 2023. The 403(b) financial entity closed the account in late December and issued, and mailed, a check to the IRA financial institution. No RMD was deducted on the roll over amount since they had already issued a RMD in 2023 calculated on the basis of my ending balance as of 12/31/2022 as per the RMD calcuilation formual. Being the end of the year and holiday season, the IRA did not receive the rollover check until January 8, 2024 consequently, the IRA financial institution did not include the rollover amount in its RMD calculation for 2024 since they didn't have these funds on deposit as of December 31, 2023. The end of year and using the US mail created the timing issue resulting in the RMD distribution falling between the cracks. Separate and appart from this situation, I receive regular monthly distributions for a 457 account. My question is, can I offset any part of the undistributed RMD amount with the amount distributed from the 457 account to avoid the tax penalty for not getting the RMD distribution on the rollover amount referenced above? I did collect the RMD on my other IRA and 403(b) accounts.
