Blog: required minimum distributions

 

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IRS Releases Publication on RMDs for Inherited Retirement Benefits (and, of course, creates confusion)

Posted on April 19, 2021 by
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Ruder Ware’s Trusts & Estates blog has featured several posts (for example, Call to Action: Review Your Estate Plan in Light of the SECURE Act and Why SECURE Act Matters to You) on the SECURE Act, a federal law effective January 1, 2020,  that made significant changes to the payout provisions of inherited retirement benefits, […]

IRS Extends 60-Day Rollover Deadline

Posted on April 17, 2020 by
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In our recent blog post, The Early Bird RMD Doesn’t Get the Tax Relief Worm, we provided guidance regarding the suspension of required minimum distributions (RMDs) under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).  We advised that if you already took your RMD for 2020, the CARES Act may allow you […]

The Early Bird RMD Doesn’t Get the Tax Relief Worm

Posted on April 6, 2020 by
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In response to the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) into law on March 27, 2020.  Ruder Ware’s COVID-19 Focus Team provided a summary of the CARES Act in a previous blog post.  In that post, they mentioned that the CARES Act suspends most required […]