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IRS Reminds Taxpayers of Recent Changes to Retirement Plans
Internal Revenue Service [IRS] [Guidance Overview] Mar. 17, 2021 "Individuals who reached 70½ in 2019 or earlier, did not have an RMD due for 2020. For 2021, they will have an RMD due by Dec. 31, 2021. Individuals who did not reach age 70½ in 2019 will reach age 72 in 2021 will have their first RMD due by April 1, 2022, and their second RMD due by Dec. 31, 2022." |
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