Summary
Q. My minimum required distribution is based on assets in both a 401(k) plan and a traditional individual retirement account (IRA). The 401(k) plan administrator figures the amount to be taken from the 401(k). If that amount more than satisfies the total minimum required distribution from all my retirement savings, do I still have to take a distribution from the IRA? - M.K., Westwood
Minimum required distribution (MRD) rules have recently been revised. Although the distribution for all types of qualified plans may use the updated uniform lifetime table, the distribution method itself can be different.See the full content of this document
Extract
Determining Minimum Required Distributions
An employee is permitted to aggregate all qualif...
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