The leaves are falling off the trees, Thanksgiving is just around the corner and, once again Uncle Sam is waiting for your minimum required distribution (MRD).

If you are over age 70 1/2 it's time to add up your IRA balances, look at older 401k plans or employer plans and do the calculation.   Most IRA custodians will be able to help and even set up systematic withdrawals if  you would like to receive these distributions throughout the year.

You don't have to take distributions from your Roth IRA and new legislation allows you to contribute distributions to a charity in 2006 and 2007.   Make sure to contact your tax advisor regarding these "qualified charitable distributions".  Our calculators, links and tools page will provide additional help.