@Netteburg wrote:
I don’t have a financial advisor. So I have to make a withdrawal every year?
The RMD is required each year. The plan administrator for the IRA should be able to calculate the RMD and send the funds to you. You just need to contact the plan and tell them when you want the RMD to start.
I have mine distributed on the same day of the year, each year.
You will receive a Form 1099-R in January of each year for the withdrawal. The tax data on the 1099-R is reported on your tax return.
