Turning 70 1/2 in 2009 RMD Clarification

The Worker, Retiree, and Employer Recovery Act of 2008 has waived required minimum distributions (RMDs) from retirement plans for 2009.  So what does this mean if you are turning 70 1/2 in 2009? Normally, turning 70 1/2 in 2009 would mean you must take your first RMD by April 1, 2010.  However, [...]

Real estate and alternate investments custodian

For those of you who use direct investments in IRAs, IRA Services is a company you should know. They are a specialty company that will allow you to hold real estate, limited partnership shares and other direct investments in an IRA while charging VERY reasonable fees (most specialty shops I’ve [...]
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