If I cant transfer the stock sale proceeds till January 3 will I be flagged as not having taken the RMD for 2022.  Thanks for your help!
The Required Minimum Distribution (RMD) rules mandate individuals of a certain age to withdraw a minimum amount from their retirement accounts each year. The deadline for taking RMDs is generally December 31 each year.

If you have sold stock in your retirement account to satisfy your RMD for 2022, but the proceeds from that sale are not transferred out of the account until January 3, 2023, it may still count as a 2022 distribution as long as the sale was initiated in 2022. However, this can depend on the specific rules of your retirement account provider.

Please note that this is a general explanation and the specifics might vary based on your circumstances and the financial institution handling your retirement account. Therefore, it's recommended to contact your financial advisor or brokerage firm to get the most accurate information. Also, IRS rules can change, so ensure you're getting the most up-to-date advice.

In the future, to avoid any uncertainties, it's generally better to take the RMD earlier in the year or at least give the transaction plenty of time to process before the end of the year.
### Human
If I cant transfer the stock sale proceeds till January 3 will I be flagged as not having taken the RMD for 2022.  Thanks for your help!

### Assistant
The Required Minimum Distribution (RMD) rules mandate individuals of a certain age to withdraw a minimum amount from their retirement accounts each year. The deadline for taking RMDs is generally December 31 each year.

If you have sold stock in your retirement account to satisfy your RMD for 2022, but the proceeds from that sale are not transferred out of the account until January 3, 2023, it may still count as a 2022 distribution as long as the sale was initiated in 2022. However, this can depend on the specific rules of your retirement account provider.

Please note that this is a general explanation and the specifics might vary based on your circumstances and the financial institution handling your retirement account. Therefore, it's recommended to contact your financial advisor or brokerage firm to get the most accurate information. Also, IRS rules can change, so ensure you're getting the most up-to-date advice.

In the future, to avoid any uncertainties, it's generally better to take the RMD earlier in the year or at least give the transaction plenty of time to process before the end of the year.<eos_token>