Relief for RMD Rollover
As discussed in our post on March 31, 2020, the requirement to take minimum distributions from retirement accounts has been suspended for the 2020 tax year. This provision was part of the Coronavirus Aid, Relief and Economic Security (CARES) Act, which was enacted on March 27, 2020. Some taxpayers already had received their required minimum distributions (RMDs) for 2020, or they received them ...