PSA: You can skip RMDs in 2020
-
Didn’t realize that, but Vanguard just sent it out in an email. It’s part of the CARES act.
Applies to inherited IRAs too.
@jon-nyc said in PSA: You can skip RMDs in 2020:
Didn’t realize that, but Vanguard just sent it out in an email. It’s part of the CARES act.
Applies to inherited IRAs too.
Yup. My drawdowns from my retirement funds were very close to what my RMD would be, so this has little impact on me. Nevertheless, it's nice that you can save a bit extra until you're 72.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
-
@jon-nyc said in PSA: You can skip RMDs in 2020:
Didn’t realize that, but Vanguard just sent it out in an email. It’s part of the CARES act.
Applies to inherited IRAs too.
Yup. My drawdowns from my retirement funds were very close to what my RMD would be, so this has little impact on me. Nevertheless, it's nice that you can save a bit extra until you're 72.
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login