Ronald Cluett Comments on New Required Minimum Distribution in Tax Notes

The IRS’s planned applicability date delay for upcoming regulations finalizing new required minimum distribution (RMD) rules has earned swift approval from the benefits community.

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That instruction means that despite the relief provided by the announcement, practitioners and other affected parties still must decide how to proceed as of January 1, 2025, Ronald G. Cluett of Caplin & Drysdale said.

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