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moreaux2728
September 28, 2022
Question

RMD

  • September 28, 2022
  • 1 reply
  • 0 views

I have a large portion of my retirement in IRA's that have dropped over 35% since Dec 2021. Is the IRS/govt making any provisions for calculating 2022 RMD levels considering I am not alone in this loss of retirement income?

    1 reply

    DoninGA
    DoninGA
    September 28, 2022

    No, the tax code has not changed in reference to RMD's for tax year 2022.

     

    Go to this IRS website for RMD information - https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds

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