WASHINGTON, Oct. 11 Seventeen organizations have issued a public comment on the Internal Revenue Service notice entitled "Permanent Relief for Remote Witnessing Procedures". The comment was co-signed by the American Bankers Association, American Benefits Council, American Council of Life Insurers, American Financial Services Association, American.
IRS says RMD rules are coming ‘soon’
An IRS official tells a bar association gathering that the arrival of proposed regulations covering the SECURE Act s required minimum distribution provisions will be later than imminent but before eventually.
June 2, 2021 4 MINS
When it comes to the rules about required minimum distributions from individual retirement accounts and other retirement plans, the SECURE Act begs not only for clarification, but more like a complete translation. This is especially true for the provisions relating to changes related to post-death RMDs after the elimination of the stretch IRA and the addition of the 10-year rule for most non-spouse beneficiaries.