Thank you for visiting Ohio.com. We noticed you are using an outdated browser that may not give you the best user experience. We recommend current browser versions of Google’s Chrome, Microsoft’s Edge, Mozilla’s Firefox. For more specific information on how to update your browser --Click Here or visit your browser’s website.
Workers are flanked by pipes and equipment near the under-construction turbocharger at the first addition to the Kensington gas-processing plant in Columbiana County. The initial plant can handle 200 million cubic feet of natural gas per day. That's the volume produced by 100 Utica shale wells. (Bob Downing/Akron Beacon Journal)
Grant Hammer, plant supervisor for M3 Midstream (Momentum), leads a tour of the $400 million gas-processing plant at Kensington in Columbiana County. It is one of three now-running plants in eastern Ohio. (Bob Downing/Akron Beacon Journal)
Workers are flanked by tanks and pipes with the now-running cryogenic tower in the background at the Kensington gas-processing plant in Colunbiana County. The first unit is 1,000 feet long and separates liquids from natural gas. (Bob Downing/Akron Beacon Journal)
A worker is surrounded by piples and valves near the turbocharger at the under-construction addition to Utica East Ohio Buckeye Midstream's gas-processing plant at Kensington. The plant is part of $1.1 billion processing complex in two counties. (Bob Downing/Akron Beacon Journal)
The 170-foot-high tower of a stainless steel alloy has walls two inches thick and it is six feet in diameter. It is super cold at the top and hot at the bottom to separate natural gas and liquids. A turbocharger at the bottom of the tower is surrounded by scaffolding. It is part of the under-construction addition to the plant. (Bob Downing/Akron Beacon Journal)
A 170-foot-high tower dominates the Kensington natural gas-processing plant in Columbiana County. The tower is 140 degrees below zero at the top and 165 degrees above zero at the bottoom to separate natural gas and liquids. The cryogenic plant was the first in Ohio to begin operations last July. It is being expanded. (Bob Downing/Akron Beacon Journal)
Q: Next year, 2017, will be my first year to take a required minimum distribution (RMD), and I am trying to find the best way to do it. Vanguard recommends waiting until the end of the year, then taking the money out in one lump sum. They believe waiting allows dividends and interest to compound. Some recommend taking it out at the beginning of the year. My thinking is to have the dividends, interest and capital gains taken out as accrued, then take the remaining amount needed out in December. What is your recommendation?