Roll IRA into 457

Submitted by Norb Smith on Mon, 2008-07-28 17:09

I will be 70 next month and I have traditional IRA’s. My 457 will accept them, but the fund manager advised me I will still have to take the scheduled withdrawals by 701/2 on the commingled IRA money. Is he correct or can I defer them until I quit working?



Submitted by Alan Spross on Tue, 2008-07-29 00:24

RMD at 70.5 will be required on the IRA sub account in the 457 only, or for the 457 deferrals as well?



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