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Re: CT_Yankee post# 196907

Tuesday, 08/10/2010 1:02:38 PM

Tuesday, August 10, 2010 1:02:38 PM

Post# of 249238
CT Yankee, re: your RMD

So, you're over the age of 70 1/2? Instead of cash, you can satisfy your RMD with a distribution of Wave stock from your IRA. Your broker will require you to sign a distribution form which will ask if you're distributing cash or stock. Determine how many shares at the current price you'll need to move to satisfy the RMD and move them into a non-retirement account.

Hope this helps.

FM

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