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  1. Thanks Sierra and Thanks John. I understand better now -- it's clear that I didn't know the terminology, so my posts made things more confusing. Sorry for that. At this point, my questions are answered and I can put together a plan: 1. In 2008, make RMD from IRAs only. 2. In 2008, continue making contributions to 403(b)7 at employer, and no RMD needed. 3. In year I retire, make RMD from 403(b)7 as well, based on end of previous year balance there. 4. In following years, make RMD from all plans. Thanks again.
  2. OK, now I've re-read the posts and I see that I still haven't given a full answer to Sierra. I apologize for being dense. Let me try to give more information. My previous IRA (which I really do NOT want to roll anywhere) was created by rolling a company savings plan into a self-directed IRA. I did make contributions to that company savings plan, but they were all pre-tax contributions, I believe, so all of the funds in the IRA are taxable when they are withdrawn. I'm not sure if this further information really answers your question, though. What is meant by a "conduit IRA" and a "mixture" IRA? Is the presence of previously taxed funds a part of it? Hope this helps, too. P.S. I use Past70Guy, but I really won't be 70 until 2008, so I really should have used Past69Guy.
  3. Thanks for all the information. I responded incorrectly to Sierra because I failed to read the posts first. Here's the correct response: The IRA was created from a previous job. I am happy with where it is and am willing to take minimum withdrawals starting in 2008 (when I reach age 70 1/2). I am currently employed at a University, where I have been making regular monthly contributions to a 403(b)7 plan. My question really only concerned the 403(b)7. As I understand the answers, I may continue making regular monthly contributions to this 403(b)7 plan and do not have to start taking minimum withdrawals until I retire (and cease making contributions). Now a further question: When I DO retire (let's pick 2009 for a specific date, although it could be later), do I have to take a minimum withdrawal in the year I retire (2009 in this example)? I suspect the answer is Yes. The basis for that withdrawal would be what -- the year 2008 ending value? If that's true, then I further assume that the addition to the value for the period I continue contributions in 2009 would only impact the required minimum withdrawal amount for 2010, based on the year 2009 ending value. I hope this is clear.
  4. Found Answer!! http://www.ewasi.com/403b.asp?linkid=5
  5. I will be 70 (and 70 1/2) in 2008 and plan to continue working beyond 2008. I have a 403(B)7 Account. I have a separate IRA, from a previous job. I know I must take minimum withdrawals from my IRA. But relative to the 403(B)7: 1. Can I continue contributing to it? 2. Must I take a minimum withdrawal from it, even though I'm not retired? (And I'm not sure the plan will allow a withdrawal while I'm still working, anyway.) I haven't found the correct reference to define this situation -- can someone help?
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