Can a 74-Year-Old Use Costco's $30 Special Dividend to Meet a $40,000 RMD?
Joel South's 247wallst.com article works through whether a 74-year-old can use Costco's $30 special dividend (declared November 10, 2026, payable December 4) toward a $40,000 required minimum distribution, concluding the cash counts only for the portion withdrawn from the IRA by December 31. In a hypothetical with 300 shares worth $326,928, the $9,000 payout covers part of the distribution, and the article walks through the tax brackets, Medicare surcharges, missed-deadline penalties, and options like in-kind distributions and qualified charitable distributions.
