mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Has anyone here experienced this problem with their IRA/401(k) custonian? Seems confusing.
http://finance.yahoo.com/retirement/article/106577/New-IRA-Law-Bewilders-Investors
A number of IRA custodians are trying to establish procedures, especially for investors who receive automated payments each year from their retirement accounts, that will allow account holders to suspend or trim required minimum withdrawals. But some don't plan to send letters outlining changes for 401(k) holders until April. In the meantime, some custodians are still mailing checks -- even to retirees who may not want them. Other custodians are stopping payments unless account owners ask for the funds.
http://finance.yahoo.com/retirement/article/106577/New-IRA-Law-Bewilders-Investors