Traditional IRA RMD’s.
I have a client who turned 70 in January, 2015. Total 2015 RMD is $ 5100.00.
If she takes out $3275 in 2015 and an additional $1900 by April 1, 2016 for a total of $ 5175.00.
2015 RMD will be satisfied with the IRA withdrawals (described above)?
Then the 2016 RMD will need to be taken by 12/31/2016?
DO I have this correct?
Permalink Submitted by Alan - IRA critic on Mon, 2015-07-27 22:55
Yes, you are correct on both questions.