Home
Forms Library
Required Minimum Distribution Form For assistance, please - Virtus

Get the up-to-date Required Minimum Distribution Form For assistance, please - Virtus 2025 now

Required Minimum Distribution Form For assistance, please - Virtus Preview on Page 1

Show details

4.9 out of 5

61 votes

The document is a Required Minimum Distribution (RMD) form from Virtus Investment Partners, outlining the process for withdrawing RMDs from various types of Individual Retirement Accounts (IRAs). It provides important information regarding RMD requirements, account details needed for processing, distribution options, tax withholding elections, and necessary authorizations. The form emphasizes the importance of consulting a tax advisor and includes instructions for ensuring compliance with IRS regulations to avoid penalties.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The easiest way to modify Required Minimum Distribution Form For assistance, please - Virtus in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Working on paperwork with our extensive and intuitive PDF editor is straightforward. Follow the instructions below to fill out Required Minimum Distribution Form For assistance, please - Virtus online quickly and easily:

Sign in to your account. Sign up with your email and password or register a free account to test the service before choosing the subscription.
Upload a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Required Minimum Distribution Form For assistance, please - Virtus. Easily add and highlight text, insert images, checkmarks, and icons, drop new fillable areas, and rearrange or delete pages from your document.
Get the Required Minimum Distribution Form For assistance, please - Virtus completed. Download your updated document, export it to the cloud, print it from the editor, or share it with other people through a Shareable link or as an email attachment.

Make the most of DocHub, one of the most easy-to-use editors to promptly handle your paperwork online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What happens if I did not take the required minimum distribution?

File Form 5329 with the IRS After receiving the funds, file Form 5329 with the IRS for each year you missed the RMD. Remember, the form has a specific version for each year, so filling out the form for the matching year is essential. The IRS website has forms for 1975 and onward.

How do I get rid of my required minimum distribution?

You can make a one-time (also known as lump-sum) withdrawal or a series of withdrawals, or schedule automatic withdrawals. Whether you want to transfer your RMD funds to another account, take automatic withdrawals, or take your RMD as cash, we can help.

What is required minimum distribution form?

Required minimum distributions (RMDs) are the minimum amounts you must withdraw from your retirement accounts each year. You generally must start taking withdrawals from your traditional IRA, SEP IRA, SIMPLE IRA, and retirement plan accounts when you reach age 73.

How to legally eliminate taking required minimum distribution?

Rollover to a Roth Account to Avoid RMDs For those who own Roth 401(k)s or 403(b)s, theres a no-brainer RMD solution: Roll the money into a Roth IRA, which has no RMDs for the original owner.

How to fix a missed RMD in 5 easy steps?

Step 1: Request a Waiver. If you feel that you missed the deadline due to a reasonable error, then you may ask the IRS to waive the 25% excise tax by filing IRS Form 5329 and attaching a letter of explanation for the waiver. Step 2: Pay the Excise Tax. Step 3: Withdraw the Full Balance of an Inherited Account.

What is the biggest RMD mistake?

Mistake #1: Not Starting Your RMD on Time In the past, the starting age for RMDs was 70. However, as of 2023, the starting age stands at 73 and is set to increase to 75 in the future.

Get the up-to-date Required Minimum Distribution Form For assistance, please - Virtus 2025 now

Here's how it works

The easiest way to modify Required Minimum Distribution Form For assistance, please - Virtus in PDF format online

Complete this form in 5 minutes or less

Got questions?

What happens if I did not take the required minimum distribution?

How do I get rid of my required minimum distribution?

What is required minimum distribution form?

How to legally eliminate taking required minimum distribution?

How to fix a missed RMD in 5 easy steps?

People also ask

What is the biggest RMD mistake?

Related links

Try more PDF tools

Get the up-to-date Required Minimum Distribution Form For assistance, please - Virtus 2025 now

Here's how it works

The easiest way to modify Required Minimum Distribution Form For assistance, please - Virtus in PDF format online

Complete this form in 5 minutes or less

Got questions?

What happens if I did not take the required minimum distribution?

How do I get rid of my required minimum distribution?

What is required minimum distribution form?

How to legally eliminate taking required minimum distribution?

How to fix a missed RMD in 5 easy steps?

Related Searches

People also ask

What is the biggest RMD mistake?

Related links

Try more PDF tools