This is the time of year where Manske Wealth encourages their clients who are 70 1/2+ or who have inherited IRAs to take their Required Minimum Distribution. If a client misses the deadline, the penalty is stiff, so we take great pride in helping the client meet their IRS obligations. On that subject, about one year ago, US News and World Report honored MWM and Elijah Lopez as an expert resource on this subject. Titled “What Is a Required Minimum Distribution?” by Jeff Brown, here’s the link to the entire text:
https://money.usnews.com/investing/investing-101/articles/2017-11-28/what-is-a-required-minimum-distribution
