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[Event] Ask the Experts: Navigating Retirement Taxes
No. You must take your RMD first. If you do the rollover first, and take your RMD second, then technically part of the rollover fails, and counts as a contribution instead, and must be removed if it is more than your contribution limit for the year (based on income and employment status). The IRS doesn't get the detailed level of paperwork to catch this (usually), but it is something to be aware of.
2 weeks ago
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