Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, January 10, 2014

Turn on Your IRA Auto-Pilot


As of December 6, four out of ten people had yet to take withdrawals from their IRA, thus putting them in danger of a tax penalty up to 50% of the amount they should have taken out.  One solution to prevent this from happening is to put your IRA distributions on auto-pilot.

In tax year 2013, almost half of Fidelity’s IRA owners who were required to take out money were enrolled in its automatic withdrawals.

See Ashlea Ebeling, A Solution to the IRA Required Minimum Distribution Blues, Forbes, Dec. 19, 2013.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.


Estate Planning - Generally, Non-Probate Assets | Permalink

TrackBack URL for this entry:


Listed below are links to weblogs that reference Turn on Your IRA Auto-Pilot:


The effective one for me are in this links http://www.irallc123.com

Posted by: jayika | Jan 10, 2014 1:55:20 PM

Post a comment