Q: I have a
question about the
calculation for RMDs
when they were
missed for multiple
years. Is the RMD
calculated on the
actual balance or
the balance it would
have been if the
RMDs had been taken?
Answer
Q: Can
someone take an
in-service
withdrawal from
their 401(k) and
directly transfer
it to their IRA,
then take a QCD
from the IRA to
satisfy the RMD
amount attributed
to the 401(k)? I
am 72 years old
and I am still
working, but own
more than 5% of
the company;
therefore I can’t
use the “still
working”
exception.
Answer
Q: When
calculating my
required minimum
distribution (RMD)
amount, is my Roth
IRA balance added
to my traditional
IRA balance? I
understand I don’t
have to withdraw
from my Roth -
just want to know
how RMD’s are
calculated.
Answer
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