4 thoughts on “What do I need to know for Year-End IRA Tax and Financial planning?

  1. RobertTaxCPA November 11, 2013 / 4:39 PM

    Very informative information, thank you. I just wanted to add that IF you miss your required minimum distribution, the IRS will consider relief from the 50% penalty if certain steps are taken. Relief is often granted in situations where the the failure was inadvertant, such as when the account owner passes away prior to taking his or her RMD.

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