Month: April 2020

CARES Act Drastically Changes Required Minimum Distribution Rules For 2020

The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions and the impact on taxes and inherited accounts. Find out more below: https://www.forbes.com/sites/jamiehopkins/2020/03/30/cares-act-drastically-changes-required-minimum-distribution-rules-for-2020/#212205fa19a0