Questions about Rollover IRA and 401K
I have rolled over part of my 401K to a Rollover IRA. I still have some left in a Stable Value fund.
When I do an RMD, can I use the Rollover account to pay for all RMDs ?
I have rolled over part of my 401K to a Rollover IRA. I still have some left in a Stable Value fund.
When I do an RMD, can I use the Rollover account to pay for all RMDs ?
Permalink Submitted by Alan - IRA critic on Sun, 2015-04-12 00:07
No. Your 401k RMD must be satisfied separately from your IRA RMD.