The conversion process on our website includes a step to do this. Note that IRS rules allow you to take your total RMD from one or more IRA accounts, including those not held at Betterment. Therefore, you can choose to take your RMD from Betterment or from a different IRA account. People who do not take their RMD on time face penalties from the IRS. There is a 50% penalty on any RMD amount that you didn’t take. However, if you do miss your RMD, there is a potential waiver available in the case of a reasonable error.