Each spouse is responsible for making a required minimum distribution (RMD) withdrawal based on his or her own individual tax-deferred retirement savings account (e.g., IRA and 401(k) plan) balances. Just as these accounts have been funded separately over a couple’s working years, the individual balances of a husband and wife must be handled separately for the purposes of an RMD withdrawal calculation.
For more information about RMD withdrawals, see this eXtension article: How to Make Required Minimum Withdrawals from Retirement Savings Plans.
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