Secure Act RMD Changes (also 401Ks, Annuities, IRAs)

A brief note on the New Secure Act RMD Changes passed and signed into law in 2019.  As always check with your CPA.  2020 NOTE: “RMD’s” have been “Suspended” for 2020, however, there are at least two nuances noted:  1) If you took your RMD withdrawal PRIOR to the suspension it is not yet clear if you can “re-deposit” the RMD to take advantage of the deferral if you are still also contributing to the plan,  2) Not all Defined Benefit Plans are subject to the deferral.  Again, Check with your CPA on both of these potential issues.