As Of Today, 2020 RMD Suspensions Are Finally Good For All, Says IRS

Ronald took his 2020 required minimum distribution (RMD) in January, as he has since he started taking RMDs from his IRA a decade ago. His motivation was simple: He didn’t want to forget taking his yearly RMD, since there was a steep IRS penalty (50%) for failing to do so. Read more…

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