Is My RMD Reported to the IRS?

Yes. If an RMD is due for the year, the custodian will notify the accountholder and report the amount to the IRS on IRS Form 5498. STRATA will release a 1099-R for your distribution by January 31st, the preceding year of the distribution year. Please refer to our FAQ section for additional questions or to learn more about IRS Form 1099-R