Attention Owners of Mainstar IRA’s

We have recently been informed by Mainstar Trust that they have valued the member interests in the Siskey entities (South Park Partners LLC, TSI Holdings LLC, and WSC Holdings LLC) held in your self-directed IRA as having no current value.  This will impact your calculation of the Required Minimum Distribution (RMD) from your retirement accounts, if applicable to you. You should consult your tax professional as to how this change will impact your retirement calculations.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s