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Required Minimum Distributions and Excess Contributions: Today’s Slott Report Mailbag

Jun 25, 2026

By Sarah Brenner, JD
Director of Retirement Education

Question:

Can required minimum distributions (RMDs) from 403(b) plans be aggregated and taken from one account?

Answer:

Yes, it is allowed to aggregate RMDs from multiple 403(b) plans and take the total from one of the 403(b) accounts. However, RMDs from 401(k)s cannot be aggregated with RMDs from other 401(k)s, other types of employer plans, or RMDs from IRAs.

Question:

Hi Ed Slott Team,

I made a Roth IRA contribution for 2025. Unfortunately, I just found out that my income is too high for me to make Roth IRA contributions. Will I be penalized?

Appreciate your help!

Answer:

It is not too late to correct an excess Roth IRA contribution and avoid the 6% penalty. If you timely filed your 2025 federal income tax return, you can still do a corrective distribution (or recharacterization). If you remove the contribution and the net income attributable to it by October 15, 2026, you will not be subject to penalty. The contribution will not be taxable when distributed, but the net income attributable to it would be. There will be special reporting required, so be sure to tell your IRA custodian that you are doing a corrective distribution.

If you have technical questions you would like to have answered, be sure to submit them to mailbag@irahelp.com, to be answered on an upcoming Slott Report Mailbag, published every Thursday.

https://irahelp.com/required-minimum-distributions-and-excess-contributions-todays-slott-report-mailbag/

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