RMD Waivers

The Top 8 Must Know Rules For COVID-19 RMD Waivers Under The CARES Act

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which became law on March 27, 2020, is in response to the coronavirus disease 2019 (COVID-19) outbreak and its impact on the economy, public health, state and local governments, individuals and businesses. The response, intended to provide aid, relief and economic security, includes a waiver of required minimum distributions (RMD) for 2020 as part of the solution. The waiver of 2020 RMDs affects other rules including rollovers. Knowing how these rules affect you can help you to take advantage of opportunities and avoid mistakes.

To access the top 8 must know rules visit RMD WAIVERS.

Danielle LaFace