Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
New to this board : reading CARE act bill just signed re RMD. We’ve been taking RMD for years. It seems CARE Act will permit us to temporarily stop sone of our RMDs without penalty thru the end of 2020. Then we would be required to restart for 2021.

Is this a correct interpretation of the ACT?

Thx for help
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.