Will Required Minimum Distributions (RMDs) be back in 2021? The next round of stimulus could potentially include additional RMD relief, and perhaps the elimination of RMDs altogether! With the SECURE Act abolishing the stretch IRA for non-spouse beneficiaries thereby forcing the funds out of IRAs within 10 years of inheriting the account—IRA expert Ed Slott, CPA argues there is no longer a need for an annual RMD.
To learn more about this timely subject, please read Think Advisor’s article: https://lnkd.in/esB99tn.