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Age Change for RMD

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    #1

    Age Change for RMD

    Is it true that beginning 2020 the RMD age is 72?
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    #2
    Yes. Unfortunately one of my clients turned 70 1/2 in late December of 2019 so she still needs RMDs. But anyone who had not yet turned 70 1/2 in 2019 is under the new age 72 rules.
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      #3
      My understanding is :
      The first required minimum distribution for a taxpayer that becomes age 70 1/2 during 2020 begins at age 72.
      If a taxpayer had attained age 70 1/2 during 2019 he/she must follow the pre SECURE ACT rules for RMD's.

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