MRD account balance

[Guest terid]

Are outstanding loans including the the account balance when calculating the MRD?

[Blinky the 3-eyed Fish]

Yes. The loan is an asset like any other for this purpose.

[PensionPro]

are defaulted loans (that have not been offset) included in the account balance when calculating the MRD? Thanks!

[Bird]

I say no - it's phantom money in that case.

[ETA Consulting LLC]

You can also use a loan offset (taxable distribution of loan) to satisfy the RMD. This can work, even if you take the cash and use the proceeds to repay the loan.

Good Luck!