Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
eyorty
New Member

Can I aggregate RMA from an IRA and a 401K?

I have both an IRA and a 401K, and reached 70 1/2 years of age in February 2017.  Can I aggregate the RMA from both accounts and take it from my IRA without disturbing the 401K?

1 Best answer

Accepted Solutions
dmertz
Level 15

Can I aggregate RMA from an IRA and a 401K?

No, a 401(k)'s RMD is not permitted to be aggregated with RMDs from any other accounts.  Each 401(k) must satisfy its own RMD.

View solution in original post

1 Reply
dmertz
Level 15

Can I aggregate RMA from an IRA and a 401K?

No, a 401(k)'s RMD is not permitted to be aggregated with RMDs from any other accounts.  Each 401(k) must satisfy its own RMD.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.62m
Discussions

Manage cookies
v