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Financial Planning / Tax Strategies


Subject:  Re: Another IRA RMD Question Date:  7/21/2011  2:09 PM
Author:  vkg Number:  113787 of 131229

If they are over 70 and not working that does not help much, but people who are younger and still working can often do this with RMD's from inherited IRA's

Wrong again. RMD's, including those from inherited accounts, cannot be rolled over. Period.

I read the statement as using RMD to make a contribution to an IRA/401K.

Even though contributions to a 401K must be directly withheld, it is possible to increase contributions and use an IRA RMD for regular expenses.
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