Traditional IRA RMD's. | Ed Slott and Company, LLC

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?

Yes, you are correct on both questions.

 

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