IRA minimum distribution rules simplified for two‑IRA couples
The IRS issued simplified rules for required minimum distributions MRDs starting 2002. Each owner uses their own life expectancy to compute the withdrawal based on year end balances with no joint life table. Beneficiary designations remain, and custodians report balances and MRDs to the IRS annually.
MENTIONED IN THIS ARTICLE
Fis
Internal Revenue Service
Stephen Silverberg
Garden City
N.Y
IRS
Notable investors reflect on poor bets and lucky breaks
Dallas Morning News recounts retiree Bob Crandall and others assessing missteps and fortunate turns in investments. Ted Strauss recalls buying 8000 Southwest shares in 1971 and selling at a loss, yet their split and rise to a multimillion value shows the market’s drama.
MENTIONED IN THIS ARTICLE
Cheryl Hall
Dallas Morning News
American Airlines
Bob Crandall
Crandall
Morton Meyerson
2M Cos
Ted Strauss
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Houston
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ZZ Top
Bill
Texas
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Stanley Levenson
NOKIA
USCC
Uscellular.com
Midwest Digital Plans
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Nokia Corporation
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