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AGGREGATING IRAs AND RMD CALCULATIONS: TODAY’S SLOTT REPORT MAILBAG

Question: I am over 71 and have 2 IRAs, one in my name, the other is inherited. Can I take one RMD from the inherited IRA to satisfy both? Or must I treat them separately and do 2 separate RMDs? Thank you! Tyler Answer: Hi Tyler, You must treat the IRAs separately and take two separate RMDs. If you own more than one IRA (not inherited), you can aggregate them and take the RMD from any one (or more) of them. Read More

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