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A required minimum distribution (RMD) is the amount of money that must be withdrawn from a traditional, SEP, or SIMPLE individual retirement account (IRA) by owners and qualified plan participants of retirement age.

ICYMI: The Cares Act, RMD, And Hardship Distribution Changes

The CARES Act (The Coronavirus Aid, Relief, and Economic Security Act) became law on March 27, 2020, and contains significant legislation for Required Minimum Distributions (RMD) for those over age

Relief for Financial Institutions that Incorrectly Report IRA Required Minimum Distributions

The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), among other items, changed the requirement for minimum distributions from qualified plans and IRAs.

Scott Altom Mon, 02/03/2020 - 22:04
Most Retirees December 31 Deadline for Required Minimum Distributions

Retirees born before July 1, 1949, are reminded that they usually must take distributions from their retirement plans by December 31.

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