Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Compass
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Loan & Distribution Specialist AimPoint Pension
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The IRA Aggregation Rule: Easing RMDs, Complicating Roth Conversions
Slott Report June 19, 2018
"Instead of taking a separate RMD from each IRA, you can take the total RMD for all of them from any one of the IRAs, or from across them in any way you wish.... Because total IRA balances are aggregated, it is not possible to withdraw just nondeductible contributions, ... no matter which IRA you withdraw funds from.... [A]ny distribution will be taxable in proportion to the ratio of pre-tax to post-tax funds in your aggregated IRAs."
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