In today’s episode I want to give you an update on Required Minimum Distributions (RMD) and Coronavirus Related Distributions (CRD) in 2020 as the IRS continues to provide guidance on these topics. As many of you are probably aware, especially if you have listened to some of our previous episodes, the IRS has been scrambling throughout 2020 to determine which RMD’s they are going to allow to be “put back” into IRA accounts in 2020.

I also want to give you an update on Coronavirus Related Distributions (CRD) in 2020. 

Resources: 

Ray Dalio's Economic Video -

https://www.youtube.com/watch?v=PHe0bXAIuk0

Basic Economics - Thomas Sowell - 

https://www.youtube.com/watch?v=bOMksnSaAJ4

Articles mentioned during the show - 

https://www.cnbc.com/2020/07/20/nearly-17000-southwest-employees-sign-up-for-buyouts-voluntary-leave-as-furlough-threat-looms.html

https://www.npr.org/2020/07/20/892272333/tesla-stock-is-soaring-its-controversial-and-soon-it-could-be-in-your-portfolio

https://ritholtz.com/2020/07/how-big-tech-makes-their-billions/

https://www.morganlewis.com/pubs/covid-19-a-roadmap-to-relief-for-ira-owners-and-providers-cv19-lf

https://iclg.com/briefing/12266-irs-issues-faqs-on-the-cares-act-coronavirus-related-distribution-and-loan-provisions-for-401-k-and-403-b-plans

https://www.irahelp.com/slottreport?page=5