CARE ACT – RMDs on Inherited IRA — suspended?
Hi Terry,
I know that RMDs on Traditional IRAs for 2020 have been eliminated but I’m not sure if RMDs for Inherited IRAs are included. I’ve been taking RMDs on an Inherited IRA I have for the past few years and want to make sure I don’t need to take for 2020. Do you know?
Terry Says
Yes, the decision to suspend RMDs from IRAs, DOES include from inherited IRAs.
