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Subject:  Re: RMDs to change to 72 Date:  5/27/2019  9:10 PM
Author:  JAFO31 Number:  93740 of 95192

BruceCM: "The latest info I've read on this is from ThinkAdvisor. There is a house version that increases the RMD year to 72 and a Senate version increasing it to 75. There are other provisions for making it easier to use insurance products in an IRA. Collective Investment Trusts in a 403(b), make student loan payments through their retirement plan at work, qualified charitable distributions for employer retirement plans, and other smaller stuff.

The HR is set for committee vote today I believe.

The President said he would generally support this final bill."

Has the GAO scored either bill? Likely decrease in tax revenue and increase in deficit, IMO.

Regards, JAFO
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