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.
The county was erected May 1, 1803, from Hamilton County, and named for Dr. Joseph Warren, a hero of the Revolution who sent Paul Revere on his ride and who died at the Battle of Bunker Hill. Warren County is part of the Cincinnati-Middletown, OH-KY-IN Metropolitan Statistical Area. Along with Butler County, Warren County comprises the geographical center of the Cincinnati-Dayton Metropolitan Region, home to 3.3 million and the 14th most populous in the United States.