Bene IRA RMD
If someone over 70.5 has a Beneficiary IRA and also a Traditional IRA , can they fulfill their Bene IRA RMD out of their own traditional IRA or must it come out of the Bene IRA?
If someone over 70.5 has a Beneficiary IRA and also a Traditional IRA , can they fulfill their Bene IRA RMD out of their own traditional IRA or must it come out of the Bene IRA?
Permalink Submitted by Alan - IRA critic on Sun, 2019-09-01 19:34
The owned IRA RMD and the beneficiary IRA RMD must be satisfied separately. They could also do a QCD from either IRA to offset the taxable income since they are over 70.5.