How to take required minimum distributions when you own more than one IRA.

 When you own multiple IRAs, you have flexibility. The RMD (required minimum distribution) is computed by aggregating the balances of all your IRAs and dividing the total by your life expectancy. You can take the RMD from the IRAs in any combination you want. Take it all from one IRA or take different amounts from the IRAs. This allows you to use the RMD to rebalance your portfolio when it's out of balance or simplify your finances by drawing down one IRA at a time.

If you hold a fixed annuity in your IRA, those monthly payments will be considered as part of your RMD.

Dan