Quote:
Originally Posted by hatwate
You probably know by now and it may not affect you but the RMDs for this year are not required.
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I did not know this. It doesn't affect me yet but affects my parents.
Where is the authoritative source of this information please? Thanks.
p.s. Disregard. I see it on p. 50 under SEC. 2103. SPECIAL RULES FOR USE OF RETIREMENT Subsection under DEFINITIONS.
"(A) CORONAVIRUS-RELATED DISTRIBUTION.—Except as provided in paragraph (2), the term ‘‘coronavirus-related distribution’’ means any distribution from an eligible retirement plan made— (i) on or after the date of the enactment of this Act and before December 31,2020..."
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