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WAIVER OF REQUIRED DISTRIBUTION RULES

  • cpaboca1040
  • Jun 1, 2020
  • 1 min read

Required minimum distributions that otherwise would have to be made in 2020 from defined contribution plans (such as 401(k) plans) and IRAs are waived. This includes distributions that would have been required by April 1, 2020, due to the account owner's having turned age 70 1/2 in 2019.

 
 
 

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