Update on RMDs under the provisions of the SECURE Act and SECURE Act 2.0 On April 16, 2024, the Internal Revenue Service (IRS) issued Notice 2024-35, which provides no penalties to be applied if an IRA beneficiary does not take a required minimum distribution (RMD) in 2024.  This new notice also states the final RMD … Continue reading IRS Announces Another Extension for Inherited IRA RMD Rules