Ask Terry Questions IRA RMD vs 457

IRA RMD vs 457

By Terry Savage on January 15, 2022 | Financial Planning / Retirement

Is a 457 plan considered the same as an IRA when it comes to RMDs and if so can the required amount be withdrawn from either
Thanks

Terry Says

You’ll have to take a separate RMD from your 457 plan than from your IRAs (where you can take the required amount from one or more accounts). And note that you do not have to take an RMD from a 457 if you are still working for your employer.

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