Is this the first step in the rumor about the gubmint taking the IRAs?
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No. Just do the transaction as required.
Between us we have about fourteen funds, cds, and other accounts. So you are saying that even though we have all kinds of statements, letters, notices from them we still have to call each one of them every year? That is ridiculous. I am beginning to see why there is so much actual money being held under the mattress. We are 80 years old and have a hard time remembering our own names let alone having to phone all these people.
http://www.thecommonsenseshow.com/2014/11/16/the-money-in-your-bank-account-was-stolen-this-morning/
Obama and All world leaders at G20 Summit in Australia 2014; read article, however Zero Hedge had best info in 2014.