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New Member
posted Feb 3, 2020 3:51:06 PM

The RMD was revised to age 72, why does TT list 70 1/2 still. The new RMD was passed in December 2019

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Level 15
Feb 3, 2020 3:53:10 PM

The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) became law on December 20, 2019. The Secure Act made major changes to the RMD rules. If you reached the age of 70½ in 2019 the prior rule applies, and you must take your first RMD by April 1, 2020. If you reach age 70 ½ in 2020 or later you must take your first RMD by April 1 of the year after you reach 72.