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Barbara Weltman

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SBA Asks IRS to Make Changes to RMD Regulations

June 6, 2022 / By Barbara Weltman

Proposed regulations posted in February 2022 explain the 10-year rule for required minimum distributions from inherited retirement plan accounts and IRAs. SBA comments on the regulations suggest simplification of the rules and postponement of their implementation. The SBA also wants more information about the impact the regulations would have on small businesses. #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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