A Hidden Benefit of the Coronavirus Stimulus Bill: You Can Wait to Take Your RMD

Friday, March 27, 2020

News & Press

The coronavirus stimulus package, known as the CARES Act, working its way through Congress is expected to waive required minimum distributions (RMDs) from retirement savings accounts for 2020, granting a reprieve for retirees age 70½ and older who might otherwise be required to sell low and take distributions just when the stock market has nosedived in recent weeks.