Jump to content

In-kind Minimum Required Distributions


Recommended Posts

Guest John E McGrady III
Posted

Is it permissible to satisfy a minimum required distribution with an in-kind distribution (e.g., shares of stock)? I was at a seminar last year where the speaker asserted that an in-kind distribution in satisfaction of a MRD was a prohibited transaction. Outside of this one individual, I have not seen any other discussion on this point. Your thoughts would be appreciated.

Posted

An in-kind distribution from an IRA, for any reason, is perfectly OK. You cannot do an in-kind CONTRIBUTION (except for a rollover).

It scares me to think what else may have been wrong in the seminar.

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use