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Asked by Joel
Answered by Stephen Hartel, MBA, AIF in Denver, CO
Joel: Yes, the IRS allows you to take the RMD from whichever account(s) you wish, as long as the total is correct. Best regards, --Steve
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Asked by Peter
Answered by Barry Rabinowitz, Financial Adviser in Plantation, FL
RMDs refer to required minimum distributions on tax-deferred retirement accounts. Under current IRS rules, you must take distributions when you are 70 1/2 years old, w...
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Asked by an anonymous user
Answered by Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA
This country has made a revolutionary shift from pensions to a self-service retirement model (401Ks, IRAs, etc). The average baby boomer has not yet fully adjusted to...
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Asked by victor piediscalzo
Answered by Tracy Scott Burke, CFP®, ChFC® in Harrisburg, PA
Victor, Thanks for your question. Some type of a tax-deferred retirement account would likely be best in your situation in lieu of bank savings. If you have acces...
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