client turning 71 in 2020 Submitted by Jon Heller on Mon, 2020-01-06 17:23 Client who took an RMD in 2019 and are turning 71 in 2020 will they be required to continue with RMD’s Flag as spam
Permalink Submitted by Alan - IRA critic on Mon, 2020-01-06 17:28
Yes, those who reached 70.5 in 2019 must complete their RMDs for 2019 and each year thereafter. Those who reach 70.5 after 2019 will avoid RMDs until the year they reach 72.