The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/are-they-trying-to-tell-me-that-for-some-reason-30444313.aspx

Subject:  Re: RMD for decedent Date:  12/20/2012  3:48 PM
Author:  TMFPMarti Number:  117179 of 121175

Are they trying to tell me that for some reason they won't be able to establish an inherited IRA? That would be disastrous this year.

Be calm. I assume you're worried about completing the decedent's RMD by 12/31. If for some reason you fail I think you'll find leniency when you request that the penalty be waived, especially when you show that you've been trying to comply.

Phil
Rule Your Retirement Home Fool
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us