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Other financial discussions
Thanks for the information. If I understand your comments correctly even though there are multiple accounts IRA's, 401K's, and 403B's must all calculate the RMD and then can only be aggregated among the same type of accounts by the same owner. Is that correct? Also, since it was not specifically addressed in your comments, married filing jointly taxpayers are not allowed to aggregate any of their separate accounts with their spouse to make the RMD from like accounts. Is this a correct interpretation?
March 22, 2021
5:37 AM