IRS Expands eligibility for CRDs | Ed Slott and Company, LLC

IRS Expands eligibility for CRDs

The IRS today has released https://www.irs.gov/pub/irs-drop/n-20-50.pdf which expands CRD eligibility to many of the situations that just fell short of the original CARES Act definition.

However, there remains no rollback relief for January RMDs for those who STILL don't qualify for CRDs. That relief will likely have to come through another stimulus bill.

 

Find members of Ed Slott's Elite IRA Advisor GroupSM in your area.
We neither keep nor share your information entered on this form.
 

I agree to the terms and services:

You may review the terms and conditions here.