The requirement to take an MRD has nothing to do with the age of the parent though the method for calculating it does.o, i got the impression somewhere that had [my] Mom been under RMD age (she wasn't), i would have had to worry about RMDs till *i* reached RMD age,AND ...There shouldn't be any problem with the "bookkeeping" as it's a simple calculation done once a year. Most IRA custodians will do the calculation for you.i wasn't confident whose age/table to use -- mine or Mom's ..and the 'Custodian' was no help. ...sent my glossy folder that said, "Read Pub.590"The 5 year option is always there.glad i got that right at least(>:...just read pub 590 again ..it still sounds like a pain <g>
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra