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New Member
posted Feb 28, 2021 12:36:24 PM

Were we require to take an rmd in 2020

was the rmd requirement waved for 2020

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2 Replies
Level 15
Feb 28, 2021 12:39:10 PM

The RMD requirement was waived for tax year 2020.

Level 15
Feb 28, 2021 12:41:45 PM

RMD's for IRA's and defined contribution plans like employer retirement plans like 401(k)'s were waived for 2020.

 

Defined benefit  plans, equal periodic payment plans (most pensions) were not waived.