72 is the New 70 ½ for RMDs – But What If You Turned 70 ½ This Year?
“As you have likely seen by now, over the weekend President Trump signed the Setting Every Community Up for Retirement Security Act (the “SECURE Act”) into legislation. This is the largest piece of legislation impacting retirement plans since the PPA was enacted in 2006. We will be addressing the impact of this legislation on your plan over a series of blog posts. But since I have already received the same question several times (including from my parents who turned 70 ½ this year and my husband who is an investment advisor and assists clients with RMDs), I thought we would address this issue first as the question is time sensitive.” Click here to continue reading.
Source: Graydon Law