Bogleheads,
Two weeks ago (mid-Jan 2024), FIL rolled over an IRA Account to a 403b account. (I know this is not typical, but he wanted TIAA and the options were better in the 403b than IRA).
No RMDs were taken out of the IRA before the money rolled over to the 403b.
I just learned that RMDs for IRA accounts can't be taken from 403b accounts.
So how does he take RMDs on the formerly-IRA money??
-Admiral Fun
Two weeks ago (mid-Jan 2024), FIL rolled over an IRA Account to a 403b account. (I know this is not typical, but he wanted TIAA and the options were better in the 403b than IRA).
No RMDs were taken out of the IRA before the money rolled over to the 403b.
I just learned that RMDs for IRA accounts can't be taken from 403b accounts.
So how does he take RMDs on the formerly-IRA money??
-Admiral Fun
Statistics: Posted by Admiral Fun — Mon Jan 29, 2024 8:51 pm — Replies 2 — Views 222