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Question for the Money Doctors

Question submitted on Oct 23, 2018.

Question

Recent news indicated that Trump was going to extend minimum required distribution age to an age beyond 72 1/2

What is the status of this?

Answer

Hi - As of right now, this is only in the "idea" stage via the President's Executive Order signed on August 31, 2018.  There have been no bills considered in Congress to extend the RMD date beyond is 70 1/2. 


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