IRA account aggregation
If an individual turning 70.5 this year has $100,000 in a Deferred Variable Annuity IRA and $200,000 in an IRA that is a managed account, can the values be aggregated and entire RMD be taken from the managed account?
If an individual turning 70.5 this year has $100,000 in a Deferred Variable Annuity IRA and $200,000 in an IRA that is a managed account, can the values be aggregated and entire RMD be taken from the managed account?
Permalink Submitted by Alan - IRA critic on Thu, 2013-02-28 23:11
Yes, the RMD can come out of only one account. (If one account has a sole spouse beneficiary more than 10 year younger and the other does not, the RMDs must be figured separately, but can still be taken from only one account.)