Solved: I have mult. IRA's from different companies, I am 70 1/2. Do I need to take money out of each to meet my MRD or the lump sum required out of just one account.
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I have mult. IRA's from different companies, I am 70 1/2. Do I need to take money out of each to meet my MRD or the lump sum required out of just one account.

 
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I have mult. IRA's from different companies, I am 70 1/2. Do I need to take money out of each to meet my MRD or the lump sum required out of just one account.

The lump sum amount.

You could take that amount out of one account if you would like.

You can also split the distributions over several accounts.

View solution in original post

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Level 4

I have mult. IRA's from different companies, I am 70 1/2. Do I need to take money out of each to meet my MRD or the lump sum required out of just one account.

The lump sum amount.

You could take that amount out of one account if you would like.

You can also split the distributions over several accounts.

View solution in original post

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