I moved an Inherited IRA/Annuity to LPL Financial under the direction of a Mr. Ming, working out of Astoria Federal.
Ming said I only need to take a 1 time distribution. Several years later, an advisor at Chase told me I was supposed to be taking yearly distributions. I was surprised, since I never received any documents from LPL or John Hancock about taking distributions. I asked for a Letter @ Fault for tax purposes due to their misguidance & they refuse cuz Mr.
Ming- aka- ala Dirt Bag insists at the time I didn't want to take distriubtions. Like why would I do that just to pay penalties.