Ray wrote:

- quote -

Well, to be specific, it's Dec 31, 2007 which works out to the same
thing as Jan 1 is always a holiday. Since statements are cut at month's
end it's that Dec statement ending balance that you use.
(note - if any 60 day loan was outstanding, and does not appear on that
statement it has to be added back in)

Joe
www.blog.joetaxpayer.com

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I'm unclear as to the lock-in date for require minimum distribution for
traditional IRAs.

In calculating how much I must withdraw this year, do I use the value of my
IRA as of Jan. 1?

If not, what date?

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >