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2 ira’s, 72T, RMD

L1: 2 ira’s, 72T, RMDClient taking 72T on to seperate IRA’s. Has already taken $15,000 out through Oct. Using single life annuitization method.
Can I combine the two IRA’s and recalculate using RMD method?
If so, when I do this based on Sept 31st valuation, the RMD comes to $12,000. Already took out $15,000. Is this a problem. What would need to be withdrawn in Nov & Dec?2002-10-16 16:15, By: jason, IP: [127.0.0.1]

L2: 2 ira”s, 72T, RMDIf the two IRAs are part of the same SEPP plan, they could be combined for invesment purposes. If they are two SEPP plan, then they should remain seperated.
If you select a change to the RMD method using a September 30 valuation date and an November 1 payment date, then you should calculate the new payment using the MD method and take 1/6 (November & December) of the annual amount during the balance of 2002. This isn’t clearly spelled out, but it does make logical sense.
2002-10-17 04:09, By: Gfw, IP: [127.0.0.1]

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