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RMDs on all IRAs?

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Do all four IRA products have required minimum distributions (RMDs)?

All of the IRA products except the Roth have RMDs. The IRA Traditional, SEP and SIMPLE all share many of the same rules for distributions and inherited IRAs. They are different on the way in and each has separate contribution rules. The SEP and the SIMPLE are for small businesses and these businesses fund their plans through IRAs. But once the funds are in these accounts the distributions rules are very similar.


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First published on 11/29/2020

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