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Pixy writes,

<<OTOH, I read somewhere that you should keep your deductible and non-deductible IRA accounts separate. The idea is that when you start withdrawing, you can choose which account to draw from, affecting your taxes. (Is this correct, Pixy?) >>

Not quite. Traditional IRAs are treated as one giant pool at the time of withdrawal. All are lumped together regardless of which one is used for the distribution.


This may be a fine point, but I don't think you can treat your IRAs as "one giant pool" if you're taking SEPP distributions. If you use only one IRA to calculate an SEPP distribution, you may only withdraw your distribution from that IRA.

intercst
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