Ask Terry Questions RMD adjustment?

RMD adjustment?

By Terry Savage on March 22, 2020 | Financial Planning / Retirement

Has there been any discussion on extending or postponing Required Minimum Distributions until a later date to give the markets a chance to recover?

Terry Says

When the dust settles, I’m sure something will be done. And I will be leading the charge so retirees don’t have to make withdrawals based on 2019 year-end valuations, which are much higher than they are today! They adjusted in 2009, and I’m sure they will get around to dealing with that soon.

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