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I have 401, 457 and an annuity do I have to take money RMD from all or can I take the money out of one to cover all 3?
I have 401, 457 and an annuity do I have to take money RMD from each one or can I take the money out of one to cover all 3?
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posted
May 31, 2019
6:43 PM
last updated
May 31, 2019
6:43 PM
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I have 401, 457 and an annuity do I have to take money RMD from all or can I take the money out of one to cover all 3?
Only traditional IRAs can be lumped together for the RMDs and taken from only one account. You must take separate RMD for each of the accounts you listed unless you roll them into IRAs.
May 31, 2019
6:43 PM
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I have 401, 457 and an annuity do I have to take money RMD from all or can I take the money out of one to cover all 3?
and you had to have rolled them by 12/31/2016.
May 31, 2019
6:43 PM
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