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.
Warren, OH. Online Offers. Warren is a city in the U.S. state of Ohio and the county seat of Trumbull County. The municipality is located in northeastern Ohio, approximately 14 miles (22 km) northwest of Youngstown and 15 miles (24 km) west of the Pennsylvania state line. The population was 46,832 at the 2000 census, but in 2005, the population was down to 45,796.