Read the full article here: Older boomers face IRA withdrawals or a 50% tax

As we move into the fall, it's time to start thinking about Required Minimum Distributions (RMDs) from IRAs.  A few things to keep in mind:

Next to the IRS, the most formidable and intimidating institutions people will face are the insurance companies and the medical care complex. Both are at the root of increasing medical costs and both are intent on making sure their bottom lines are forever expanding. Never mind that high medical bills are the number one cause of bankruptcies in the U.S.

Well it’s tax time again, and it always seems as we near the dreaded April 15th deadline, the weather suddenly turns perfect, and fooling with taxes is the last thing you or I want to worry about.