Submitted By: Cathy
Answered: July 23, 2013 8:30 am

All of my IRA is in stocks. How do I satisfy my RMD?

You can take distributions from your IRA to satisfy required minimum distributions (RMDs) in cash or in kind, meaning in stock. The option you use depends on what’s in your account and what you want to do with it. You don’t have to sell stock to meet your tax obligation, but be sure that if you’re taking stock, you use the market value of it to figure your RMD.

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Tax Glossary

Intangible assets

Intangible assets that come within Section 197, such as goodwill, are amortizable over a 15-year period.

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