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March 7, 2025
Question

Do we have to take out the amount RMD by Dec 31,2024?

  • March 7, 2025
  • 1 reply
  • 0 views
I don’t know if we took anything out or not so how can I go on?

1 reply

fanfare
Employee
March 7, 2025

You are penalized for missing an RMD so you'd better find out what you did.

 

HINT: you will get a 1099-R for any distribution in 2024. All 11099-Rs have been sent out.

NOTE: penalty can be waived by you taking corrective action now.

@jennettriedel