No RMD for 2020

I stated this in an earlier post but I wanted to highlight it again because it is so significant. No  minimum distributions from your retirement plans are required in 2020! This affects those over age 72 and allows you to leave the money in your plan and let it hopefully grow for the rest of the year. You need to contact your broker and stop automatic withdrawals if you haven't already done so. RMD's will start up again in 2021.