turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

457b RMD

I am subject to RMD. I understand that I can aggregate RMDs from my different IRA accounts but I must calculate and take the RMD from the 457b separately from the IRA RMDs.

I am moving my 457b to a new manager. It will be converted (rolled over?) to an IRA (not Roth). Do I need to take the 2022 RMD from the 457b before moving the money?

If not, must I still calculate and take the RMD from the roll-over IRA rather than aggregating them my other IRAs.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
AmyC
Employee Tax Expert

457b RMD

No, not required before moving the money. The IRS is given the balance in your accounts on Dec 31 of each year. As long as your RMD on Dec 31 matches up with what you should have taken, it does not matter how you took the money, which accounts, and when.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies