RMD including VA
Client has an IRA Va. The company has calculated the year’s RMD.
Client also has a brokerage IRA.
When calculating the total RMD:
Use the fair market value of the VA plus the brokerage IRA or
Market value of the VA plus the brokerage IRA?
TIA
Permalink Submitted by Alan - IRA critic on Tue, 2023-01-24 21:54
Use the insurance company calculated RMD for the IRA annuity and add the brokerage IRA RMD to that figure to arrive at the total RMD. That total RMD can be taken in any combination from the two IRA accounts.