The IRS and Treasury have proposed regulations that would update existing rules for required minimum distributions (RMDs) from qualified retirement plans and annuity contracts, largely conforming with several statutory changes.
The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, which enacted the most prominent and recent changes, revised the start date for RMDs from a qualified plan.
The proposed regulations (REG-105954-20) address those SECURE changes with summaries, explanations and other related material. Read more.