On February 23, 2022, the
IRS released proposed guidance revising existing RMD and related
regulations—guidance that was brought about by the SECURE (Setting Every
Community Up for Retirement Enhancement) Act of 2019. The proposed regulations
include provisions relating to RMDs, rollovers, and to penalty taxes that apply
when RMDs are not taken properly. As the IRS examines feedback to their
proposed guidelines, it may take several months for the IRS to release final
regulations. In the meantime, you can read more about the proposed regulations.
Vanguard Retirement Plan Access™ Quarterly
