Three weeks ago, the IRS released the long-awaited SECURE Act RMD proposed regulations.
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On July 18, 2024, the IRS issued both final regulations under the 2020 SECURE Act and proposed regulations under the SECURE 2.0 Act of 2022. These long-awaited new regulations impact many parts of the required minimum distribution (RMD) rules for retirement accounts.
The final regulations are effective for 2025, and the proposed regulations can be used immediately as guidance. These PDF highlights are provided by Ed Slott and Company through the Elite IRA Advisor Group.
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