Permalink Submitted by Alan - IRA critic on Mon, 2023-12-04 22:05
If there are no liquid investments to complete the RMD, shares of the bankrupt investment can be distributed in kind. The IRA custodian must determine a valuation for the shares. If that value is not high enough to satisfy the RMD, with all IRA investments distributed, the IRS will not levy a penalty.
Permalink Submitted by Alan - IRA critic on Mon, 2023-12-04 22:05
If there are no liquid investments to complete the RMD, shares of the bankrupt investment can be distributed in kind. The IRA custodian must determine a valuation for the shares. If that value is not high enough to satisfy the RMD, with all IRA investments distributed, the IRS will not levy a penalty.