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Author: Aljo Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19221  
Subject: MRD Question Date: 10/23/2001 11:08 AM
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David Braze (TMF Pixy) in an article on Ten IRA Myths wrote:
“On reaching age 70 1/2, a minimum required distribution (MRD) must be taken annually from each traditional IRA you own.
It's true an MRD must be computed for each traditional IRA owned by someone who is age 70 1/2 or older; however, the MRD for each of those multiple IRAs may be totaled, and that total may then be taken from any one or more of the IRAs.”

http://www.fool.com/retirement/retireeport/2001/retireeport011022.htm?ref=em_fwcm2

My question relates to a situation in which someone has funds in IRAs and a 403b and has reached the age of 70 ½. Can the individual MRDs be calculated for each IRA and the 403b, then the total taken from any one or more of the funds? Or, does one have to take the MRD calculated for the 403b strictly from the 403b and the MRD for the IRAs strictly from the IRAs?

TIA, Aljo
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