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PSA: you can skip RMDs in 2020
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jon-nyc
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Didn’t realize that, but Vanguard just sent it out in an email. It’s part of the CARES act.

Applies to inherited IRAs too.


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If you think looting is bad wait until I tell you about civil forfeiture.

 
Posts: 33811 | Location: On the Hudson | Registered: 20 April 2005Reply With QuoteReport This Post
wtg
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Yea, Fidelity and Schwab notified customers a while back.

http://well-temperedforum.grou...393981497#3393981497

I was surprised it took Vanguard so long...


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When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

 
Posts: 38235 | Location: Somewhere in the middle | Registered: 19 January 2010Reply With QuoteReport This Post
Piano*Dad
"I've got morons on my team."

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What's the point?
 
Posts: 12759 | Location: Williamsburg, VA | Registered: 19 July 2005Reply With QuoteReport This Post
wtg
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Well, like big al said in the other thread I linked, for some people it gives their IRAs time to recover from their losses.


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When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

 
Posts: 38235 | Location: Somewhere in the middle | Registered: 19 January 2010Reply With QuoteReport This Post
jon-nyc
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I have an inherited IRA that isn't all that big, but its nice not to be required to sell a portion of it at a low and then pay income taxes on the proceeds.


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If you think looting is bad wait until I tell you about civil forfeiture.

 
Posts: 33811 | Location: On the Hudson | Registered: 20 April 2005Reply With QuoteReport This Post
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