client turning 71 in 2020

Client who took an RMD in 2019 and are turning 71 in 2020 will they be required to continue with RMD’s



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.

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