RMD including VA

Submitted by Geoffrey Kasher on Tue, 2023-01-24 20:31

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



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.



Submitted by Geoffrey Kasher on Wed, 2023-01-25 02:22

Thanks for confirming



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