Taxpayers should be aware that the waiver of the required minimum distribution from retirement plans will not be effective in 2021, unless later re-enacted.

For more information, contact Kristen Woodall at 770-287-7800 or kwoodall@rushtonandcompany.com. Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!

Read more:  https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-required-minimum-distributions