Cares Act and Your RMDs
The COVID-19 Stimulus Bill that was just approved by Congress includes tax relief for retirees. The required minimum distribution (RMD) rules for Individual Retirement Accounts and 401(k)s are waived for 2020. This means that if you are required to take an annual RMD this year, and have not yet fulfilled this requirement, you can skip
March 30, 2020