If an IRA beneficiary does not take an RMD by the applicable deadline the beneficiary is subject to a 50% penalty on the amount that should have been taken out. If a spouse is the sole beneficiary of an inherited IRA and they miss an RMD, there is usually an added consequence.
Middletown, OH. Sponsored Topics. Middletown is an All-America City located in Butler and Warren counties in the southwestern part of the U.S. state of Ohio. Formerly in Lemon, Turtlecreek, and Franklin townships, Middletown was incorporated by the Ohio General Assembly on February 11, 1833, and became a city in 1886.
Middletown Township is a township in Delaware County, Pennsylvania, United States. The population was 16,064 at the 2000 census. The Pennsylvania State University has an undergraduate satellite campus located in the north-central portion of the township, while Neumann University, a private co-educational Franciscan university, is located in nearby Aston Township.