Reply To: 2020 RMD

Home Fairmark Forum Retirement Savings and Benefits 2020 RMD Reply To: 2020 RMD

#5488
Alan S.
Participant

Fidelity was correct only with respect to the converted distribution as the 1099R will report the value of the shares when distributed and you will owe tax on that amount.

But the other rollover to a TIRA account is non taxable whether the shares rose or dropped while not being in an IRA.