The downside of delaying RMDs
Story Date: 9/27/2021

 

Source: Jackie Stewart, KIPLINGER, 9/16/21


It took more than four decades for congress to raise the age for required minimum distributions in 2019 from 70½ to 72. Less than two years later, Congress is considering raising it again. The Setting Every Community Up for Retirement Enhancement Act of 2019 had bipartisan support, and experts believe that Congress's encore, the Securing a Strong Retirement Act -- already approved by the House Ways and Means Committee -- has a good chance of becoming law. Dubbed the SECURE Act 2.0, the bill aims to make it easier for America...

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