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.
Fairfield is a city in Butler and Hamilton counties in the U.S. state of Ohio, near Cincinnati. Fairfield was incorporated in 1955. The population was 42,510 at the 2010 census. It includes the former hamlet of Symmes Corner, named after Celadon Symmes. The city school district is one of the largest in Ohio, with Fairfield High School graduating 842 students in June 2009.