Reply To: Rollback of 2020 RMD.

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

#7732
Howard16
Participant

I reached 70.5 in 2019, and I did complete my entire 2019 RMD in the calendar year 2019. About one hour ago I contacted my IRA trustee who will treat the $46.68 as an excess contribution and will return it to me. I hope that the IRS will understand the flow of numbers and not assess me any penalties. Thank you, and stay well.