SEP IRA 2018 Contribution and RMD

A client is funding a SEP IRA for the 2018 tax year and will no longer make any further contributions in the future.
He is 73 years of age and has two other IRA’s he is taking RMD’s.
Can he stop taking RMD’s from the two existing IRA’s and take those RMD’s from the SEP IRA?



Yes, under the IRA RMD aggregation rules, the RMD generated by each account can be withdrawn in any combination from those accounts. Therefore, the total RMD can be taken from the SEP IRA.



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