Distributions of More than the RMD Amount. If you take an IRA distribution in a year that is more than the RMD amount, you will not receive credit toward an RMD due in a subsequent year. The additional amount cannot be rolled over unless you are a surviving spouse beneficiary.
Appears in 4 contracts
Samples: Roth Beneficiary Ira Amendment, Traditional Beneficiary Ira Amendment, Traditional Beneficiary Ira Amendment