Waiver of RMDs - 2009

[PJ2009]

It is my understanding that RMDs are waived for individuals turning age 70-1/2 during 2009. The waiver applies to the payment due by April 1, 2010, but NOT to the payment due by December 31, 2010, which is considered a 2010 RMD.

Is anybody aware of an extension of this waiver to 2010 or beyond? I believe this waiver is limited to 2009 only.

Thank you.

[pmacduff]

See this post.....minimum distributions

[Guest Sieve]

Waiver is for DC (but not DB) MRDs for distribution calendar year 2009. The statutory exemption does not yet extend beyond 2009 MRDs (although H.R. 2021, which would extend the exemption, has been introduced--but, I believe, has not yet been scheducled for a Committee hearing).