As a followup to this previous post here, please note that the IRS has issued Notice 2009-9 providing more of the details regarding reporting requirements for financial institutions pertaining to the RMD 2009 waiver. In that Notice, the IRS hopes to ward off some of the confusion that will likely occur as a result of the change in the rules for 2009 by encouraging financial institutions to provide some clear communications to seniors:
The IRS encourages all financial institutions to inform IRA owners who delayed taking their 2008 RMD until April 1, 2009, that they are still required to take that distribution.