RMD Funding

Asked January 12, 2017, 3:42 PM EST

I have a 401K and an IRA, turned 70.5 on 12/29 and deferred last years RMD until now. As I understand it I have to keep the 401K RMD withdrawal separate from my IRA RMD. If I withdraw the remainder of the 401K, withhold tax, can I use that remainder as part of my overall RMD for this tax year?

Lake County Illinois personal finance retirement planning income taxes

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