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IRS Expands Participants' Ability to Reverse 2020 Required Minimum Distributions (PDF)
Roberts & Holland LLP
[Guidance Overview] Aug. 11, 2020 "The IRS has now announced that any defined contribution plan participants who received RMDs in 2020 -- including RMDs paid in January 2020 or later -- may recontribute these RMDs to a tax-qualified plan or IRA by an extended deadline of August 31, 2020.... These recontributions are permitted only if the qualified plan accepts incoming rollover contributions by participants." |
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