This form is used to notify each Traditional IRA holder age 70 1/2 and over of the amount of his RMD, or an offer to calculae the RMD amount, and the date by which the RMD must be taken. It includes a section that the financial organization completes to notify the IRA owner of what action it will take, if any, if the IRA owner does not make a timely election. An explanation of the RMD rules is on the reverse side. Imprinting includes up to 4 lines of type (black ink). Two-part, two-sided, black ink, 8 1/2 x 11.