As long the RMD is taken in full by 12/31 of each year the IRS doesn't care.
Some of my clients take their RMD monthly, some take it in pieces and some take it as a lump sum..

Form 5498 issued by the trustee of each IRA advises you what your RMD from that plan is, They are generally issued in March of each year for the preceding year.
If you have multiple IRAs you can add up all of the RMD's for all of your IRAs and take it out of one plan.
I would take 401(k) from each plan as required.

Don't short the RMD - penalty is very severe.

Did learn last year that you have to take specific amount from IRA and same for 401 based on your age based on value of each 12/31 to get to your total rmd.

nothing changes in the tax code about reporting trading activity whether you are on SS or not. Your monthly brokerage statement should tell you your ytd gain or loss. You report the annual gains and losses on your tax return from the 1099B statement.

trading can be summarized as a pay to play and pay scheme

good luck

I take taxes out for both social security and regular IRA distributions. It's a lot easier than doing quarterly payments, with no worries about underpayment penalties. No need for a CPA to charge you for a reminder to pay. Have used Turbo Tax for years .. that's all I need. To each their own..

This is the first year that I am forced to take RMD (required minimum distribution) I will be dealing with Fidelity and T. Rowe Price. Both show the amount I need to withdraw.
When you call to make the withdrawal they ask you if you wish them to withhold taxes.
You do not need to pay the tax until the end of the year. You will not be hit with any penalties so long as you have paid 110% of last years taxes. What to do? Return on safe cash, ie money market is minimal. The choice is pay em now or pay em latter, that is the only choice you have.

Withholding taxes on a brokerage statement, Not proper accountant view but, we have to assume it is correct. As a client of both a CPA and more than one brokerage, I would not want to be caught in the middle of a dispute of the brokerages numbers, my CPA and the taxman. I hold one foreign stock-MY MISTAKE. I am charged a fee, a percentage of my dividend by some brokerage. That does not show in the dividend rate published. I expect it is or should be a tax deduction. I no longer can itemize though my accountant compares it to the normal deduction. Yet another gotcha.

That joyous day will never come. It has been said they must change the tax code every few years because too many people learn to live with the previous tax code. A borrowed thought from an article I read. Our constitution is four pages. Our tax code is now 186,000 pages.

That guy Herman Cain proposed a flat tax 9-9--9. That was actually stolen from a book by Steve Forbes. Forbes said the number would need to be 12-12-12. That would surely not go well, even if truth, with voters. A straight flat tax would remove a great deal of government power. Tax rates used to encourage and discourage events. Housing a clear example. Aside Cain later modified has plan to allow deduction for interest on a home mortgage. The flat tax died even before it was born.

Your right sad but very true.

The only way that we all pay our fair share is with a flat tax and the vested interests aint gonna let that happen.

Calculate your income each quarter. Annualize it. Quicken is good for this. Input into inexpensive tax software and calculate tax. Make estimated payment.

Annualized Income - Overview, Mechanisms, Examples