New Laws "Cares ACT" on RMD I will be 73 by end of year, live in NYC. Am I required to mk RMD in 2020? My broker told me that I am not required to mk RMD in 2020. Help!

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New Laws "Cares ACT" on RMD I will be 73 by end of year, live in NYC. Am I required to mk RMD in 2020? My broker told me that I am not required to mk RMD in 2020. Help!

You are NOT required to take a RMD in 2020. The CARES act has waived the 2020 RMD requirement.

**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.**

New Laws "Cares ACT" on RMD I will be 73 by end of year, live in NYC. Am I required to mk RMD in 2020? My broker told me that I am not required to mk RMD in 2020. Help!

you may take any amount.

In fact you may have to take something just to pay bills and buy food.

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