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.
Lima, Ohio. Lima (/ËlaÉªmÉ/ LY-mÉ) is a city in and the county seat of Allen County, Ohio, United States. The municipality is located in northwestern Ohio along Interstate 75 approximately 72 miles (116 km) north of Dayton and 78 miles (126 km) south-southwest of Toledo. As of the 2010 census, the city had a population of 38,771.