BobKamman
Level 15

What is missing here is, who is the trustee?  Maybe this involves a bank trust department.  But then, why would the bank be sending itself a 1099-R?  In any case, I wouldn't be putting too much money in that bank.  Banks can't require anyone to take withdrawals from an IRA, nor can they require tax withholding on IRA distributions.  So, what is right with this picture?