Suspension of 2010 RMDs?

Is there any news regarding the possibility that Congress is considering suspending RMDs for 2010? One of my clients mentioned that his company, a financial services company, sent out a company wide email mentioning that Congress was considering suspending RMDs again in 2010. Appreciate any updates regarding this issue. Jay



Jay, I have never heard of any serious discussion on continuing the suspension. I think the huge market recovery in 2009 put the damper on any such proposals, and probably only another market crash would result in consideration of a 2010 suspension.

The fact that many Americans reduced their stock exposure so much that they did not personally participate in the recovery is a very valid observation, but it probably will never gain any traction.



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