well-temperedforum.groupee.net
PSA: you can skip RMDs in 2020

This topic can be found at:
https://well-temperedforum.groupee.net/eve/forums/a/tpc/f/9130004433/m/1343962497

23 April 2020, 09:09 AM
jon-nyc
PSA: you can skip RMDs in 2020
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.

23 April 2020, 09:15 AM
wtg
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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We are all visitors to this time, this place. We are just passing through. Our purpose here is to observe, to learn, to grow, to love… and then we return home. - Australian Aboriginal proverb

Bazootiehead-in-training



23 April 2020, 09:22 AM
Piano*Dad
What's the point?
23 April 2020, 09:30 AM
wtg
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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We are all visitors to this time, this place. We are just passing through. Our purpose here is to observe, to learn, to grow, to love… and then we return home. - Australian Aboriginal proverb

Bazootiehead-in-training



23 April 2020, 10:21 AM
jon-nyc
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.