CARES Act and inherited IRA RMDsSubmitted by Don Hutson on Fri, 2020-03-27 17:56Does the Cares Act suspend beneficiary IRA RMDs for 2020?Flag as spam
Permalink Submitted by Alan - IRA critic on Fri, 2020-03-27 20:04
Yes. If a beneficiary was reducing the prior year divisor by 1.0 each year, when beneficiary RMDs resume in 2021, the 2019 divisor would be reduced by 2.0 to determine the 2021 RMD.