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New Member
posted Sep 28, 2022 2:21:08 PM

RMD transfer

Does it make sense to transfer securities from my IRA to my trust in order to satisfy my current year RMD? I don't need the cash and this way I will continue to receive the dividend income. Other than paying ordinary income tax on the IRA withdrawal/transfer, would this action create any other adverse tax consequences?

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1 Replies
Level 15
Sep 28, 2022 2:22:51 PM

The IRS doesn't care what you do with the RMD once it is distributed ... all they care about is you take the money out.