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Retirement tax questions
For anyone who has not already reached age 70.5 by the end of 2019, the new required beginning date will be 72 for RMDs. There is an exception to this rule if you are not a 5% owner in the company and continue to work, you can push out your RMDs for that employer’s retirement plan until the year after you retire.
Since you were born in February 1949 you reached age 70.5 in August 2019.
January 12, 2020
8:04 AM