Do I need to withdraw a portion from each IRA account or can I make just one withdrawal from one account ?
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1 Best answer
MichaelL1
Level 15
Jun 6, 2019 5:04:56 AM
You can make it from just one account.
I assume you are looking at taking a Required Minium Distribution (RMD) and IRS looks at the total value of all accounts (Traditional -non-Roth) when computing the RMD.
1 Replies
MichaelL1
Level 15
Jun 6, 2019 5:04:56 AM
You can make it from just one account.
I assume you are looking at taking a Required Minium Distribution (RMD) and IRS looks at the total value of all accounts (Traditional -non-Roth) when computing the RMD.