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Another Common MRD Question

Q  I have several IRA accounts at different custodians.  Do  I need to take distributions from each of the IRA accounts?

A  No. Add the combined amounts from each of the IRA's and then use the tables from IRS Publication 590 or use the table on our website and you can pick one of your IRA accounts to take your MRD.

 

Posted on Wednesday, November 12 by Registered CommenterWise Owl in | Comments Off