RMD age 72
Will the new initial RMD age of 72 have a provision of taking initial RMD by April of the following year. This was in the past RMD provision of 70 1/2?
Will the new initial RMD age of 72 have a provision of taking initial RMD by April of the following year. This was in the past RMD provision of 70 1/2?
Permalink Submitted by Alan - IRA critic on Fri, 2020-01-03 19:43
Yes, that option will continue for the first RMD year. All of part of the first year RMD can be deferred to 4/1 of the following year.