Make sure 72(t) distributions are taken
Custodian's error almost ruined client's retirement and still cost her $10,000 in IRS fees.
In a recent private-letter ruling, the Internal Revenue Service allowed a woman to make up a missed 72(t) distribution that wasn't taken because the custodian's employee handling the distribution retired before setting the client's distribution. The employee's retirement botched the client's retirem
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