Retirement tax questions


@Gordon G wrote:

Does the March 2020 COVID-19 Stimulus Act waive 2020 RMDs for traditional IRAs?


Yes it does - the CARES act §2203 suspends ALL RMDS for 2020.

https://www.congress.gov/bill/116th-congress/house-bill/748/text

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**