Reply To: 2020 RMD

Home Fairmark Forum Retirement Savings and Benefits 2020 RMD Reply To: 2020 RMD

#5394
Alan S.
Participant

Yes, that is correct. If someone already took their 2020 RMD and qualifies to do a 60 day rollover, they can roll it back to the IRA. In addition for someone reaching 70.5 in 2019, their first RMD can be deferred until 4/1/2020. For the portion deferred into 2020, that RMD is also waived.