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Topic: No 2020 RMD requirement - off topic (Read 90 times) previous topic - next topic
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No 2020 RMD requirement - off topic
Just found out today that the CARES act has a provision that removes the RMD requirement for IRAs for the year 2020. Great news for me, and many others, since most of us have not read the act in detail ...

Steve
2004 FL
2013 Honda Fit
Re: No 2020 RMD requirement - off topic
Reply #1 –
That is great news, Steve.  Although we have mostly Roth IRA’s, we also have an Inherited IRA which requires RMD’s so we were glad to hear about the provision you mentioned since the market took such a big hit earlier this year.
BTW, I first learned about the provision from listening to the Clark Howard podcast.  It’s part of my daily morning routine these days:

Clark Howard Podcast

To keep this somewhat RV related, Clark mentions RV’s in his Apr. 30th podcast.
Greg & Victoria
2017 Mid-Bath  “Nocona” towing a manual 2015 Forester
Previously a 1985 TK
SKP #61264