Retirees Get a Break on IRA Distributions
by Sandra Block, Senior Editor, Kiplinger's Personal Finance
Jun 04, 2020
2 minutes
The coronavirus stimulus package, known as the CARES Act, allows retirees who are 72 or older to skip required minimum distributions from IRAs and other tax-deferred accounts for 2020. Here are answers to questions about the waiver.
I took a required distribution from my IRA before the CARES Act was enacted. Can I put the money back into my account to avoid the tax bill? Ordinarily, you have
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