IRS Releases Notice Extending Repayment of Already Taken Required Minimum Distributions until Aug. 31, 2020
June 25, 2020 In IRS Notice 2020-51, the IRS announced that anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts can take advantage of the CARES Act RMD waiver for 2020. The 60-day rollover period for any RMDs already taken this year has been extended to August 31, 2020, to give …