All RMDs have been waived for tax year 2020

All RMDs have been waived for tax year 2020, meaning clients will not need to take an RMD from their retirement account for this year.

If clients have already taken all or part of their RMD within the past 60 days, they can re-contribute that amount back into their retirement account, assuming the distribution qualifies for a rollover.

For more information, reach out to the custodian or advisor of the accounts.

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