CPA Tax Musings: Don’t forget to take your IRA distribution!

It is the end of the year again and you need to remember to take your required minimum distribution (RMD) from your IRA.  See this article in USA Today by Susan Tompor:

http://www.usatoday.com/story/money/personalfinance/2012/12/19/ira-minimum-distribution-irs-retirees/1779787/

Most brokerages and investment advisors have a calculator that will automatically figure andtake your RMD by year end.  Make sure you ask them about it before 2013.

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