I have Roth IRA funds invested in a bank 2 year Certificate of Deposit (CD).
I opened this CD February 2012, it matures Feb 2014.
I am 70 years old.
Will I get a yearly IRS 1099 for the interest earned on this Roth CD?
?or will I only get a 1099 at the CD maturity?
?..or will I _NEVER_ be issued a 1099?
Unhappily, I get conflicting answers at the bank where I purchased this CD.
Tnx folks??..
Lee C.