If the IRA holder turns 70½ this year, he or she can defer the first distribution until April 1 of the next year. If the holder is older, he or she would normally be required to take an RMD before December 31 of this year. RMDs are considered taxable income for the year in which they are taken.
Most dividends received from U.S. stocks are taxable at the lower rate. Dividends received from Real Estate Investment Trusts, interest from money market mutual funds or credit union accounts (even if labeled dividends), and short-term capital gains distributions do not qualify. In order to receive the lower rate, you must have held the stock for at least 61 days during the 121-day period from 60 days prior to and 61 days following the ex-dividend date.