RMD prior to transfer | Ed Slott and Company, LLC

RMD prior to transfer

I have a client who would like to move her traditional IRA from Merrill to Vanguard. She is 74 years old. Does she need to take her RMD for tax year 2007 prior to transferring the account to Vanguard?

Legally, she does not have to. but many custodians contine to require it. Al
 

Find members of Ed Slott's Elite IRA Advisor GroupSM in your area.
We neither keep nor share your information entered on this form.
 

I agree to the terms and services:

You may review the terms and conditions here.