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October 15, 2019 at 1:47 am
#4713
Alan S.
Participant
This is a restorative payment, and you can either cash it or roll it over to your IRA. Since there was no 12/31/2018 balance in your 403b, this will not be considered as a plan RMD, and is therefore rollover eligible.
However, this has no effect on your IRA RMD, which you will still have to satisfy in its entirety.