Disaster Resource:
Suspension of Retirement Account Minimum Distributions
Why | What | Benefits | More Information | How to file |
---|---|---|---|---|
If you are over 70-1/2 or older and subject to mandatory minimum distributions | Decide whether to take a distribution for calendar year 2020 | Allows individuals to keep funds within retirement accounts | Expect guidance from the IRS and your retirement account manager or plan sponsor | Contact your retirement account manager or plan sponsor |