Objective information about retirement, financial planning and investments

 

Comments

  1. Peter Mitchell says

    Good morning. Do you know what the rules for IRA RMD will be for 2021? Will I need to take the RMD?

    • Roger Wohlner says

      Peter great question. As things stand currently, I’ve heard nothing about extending the RMD waiver for 2021. So unless Congress does something to extend it or enacts a new waiver, you would need to take your RMD as normal. Your IRA custodian will calculate the amount and let you know in early January as normal I suspect. I haven’t heard anything about an extension of the waiver, but who knows. Thanks for your question.

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