Eventually, the IRS comes asking for its piece of the pie by imposing required distributions from your tax-advantaged retirement accounts. Anyone age 73 or older must take a required minimum ...
You might be inclined to blow off your RMDs. But you should know that you'll be penalized 25% for every dollar you don't take in RMD form. So if you're on the hook for a $5,000 RMD you fail to ...
The problem is that my broker reported the entire RMD on my Form 1099-R as a taxable distribution. Should I get my broker to amend the 1099-R to specify how much of the total distribution was a ...