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Dec 30th, 2023
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 Good news:Waiver on RMD's for Retirees.
#13494142
03/30/20 03:22 PM
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Joined: Nov 2006
Posts: 2,857
retdbasser
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2006
Posts: 2,857 |
https://www.kiplinger.com/article/r...mulus-you-can-wait-to-take-your-rmd.htmlIf you don't need it you don't have to take it so notify the holders you don't want automatic withdrawals if you want to stop them for 2020.
Prepare for the future-it will be here tomorrow.
Personal Best Large Mouth Bass 9 lbs. 12 oz 5/13/19.
Herb Stein, who famously reminded us that “if something can’t go on forever, it will stop.”
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Re: Good news:Waiver on RMD's for Retirees.
[Re: retdbasser]
#13494157
03/30/20 03:28 PM
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Joined: May 2002
Posts: 82,755
Bob Davis
Bunkeroid Bob
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Bunkeroid Bob
Joined: May 2002
Posts: 82,755 |
Good deal for those meeting the 70 1/2 requirement. Since I'm only 66, my RMD age will be 72 as set by the Secure Act. The Gov. just don't want us dying and leaving that money to our heirs. We didn't build that bridge, the Govt. built it. 
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2020/11/full-1606-72644-flagsmall.jpg) ![[Linked Image]](http://storage.proboards.com/301739/images/59Zi67J3Dhm1xCemT6hS.gif) Foxtrot Juliet Bravo
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Re: Good news:Waiver on RMD's for Retirees.
[Re: retdbasser]
#13494349
03/30/20 05:18 PM
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Joined: Apr 2004
Posts: 14,087
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,087 |
I am guessing this would also apply to inherited IRAs
2200 Bay Champ/200 Mercury Optimax
2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Good news:Waiver on RMD's for Retirees.
[Re: Stump jumper]
#13494413
03/30/20 05:51 PM
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Joined: Nov 2006
Posts: 2,857
retdbasser
OP
Extreme Angler
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OP
Extreme Angler
Joined: Nov 2006
Posts: 2,857 |
I am guessing this would also apply to inherited IRAs Not sure. Doesn't address that in the article. Like most bills, probably some wrinkles to work out.
Prepare for the future-it will be here tomorrow.
Personal Best Large Mouth Bass 9 lbs. 12 oz 5/13/19.
Herb Stein, who famously reminded us that “if something can’t go on forever, it will stop.”
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