RMD all from IRA, none from 403(b)

[Grace]

Client's advisor has been combining the year end balance of IRAs and 403(b) for purposes of calculating RMD. Then takes the calculated RMD out of the IRA only. My understanding is that you can only total similar accounts (IRAs). You then take the IRA RMD from any of the IRAs. However, the 403(b) stands alone. You have to calculate the RMD for that separately and take it from the RMD.

Anyone had the IRS catch up with this?

[Roland Slugg]

I can't offer any help regarding the IRS's ability to detect the situation you described, but I can, and do concur with your first point. RMDs from IRAs and non-IRA retirement plans must be satisfied independently. An excess distribution from one kind does not satisfy any portion of the RMD for the other.