This is the number one question I've been getting from people who redeposited their RMD from 2020.  The CAREs Act suspended 2020 RMDs and people were allowed to put the money back in. Yet, people are getting 1099-Rs that's saying they owe taxes! Is this true? And how do we handle this? For more content on how to retire confidently head over to: www.birchwoodcapital.com/writings.

This is the number one question I've been getting from people who redeposited their RMD from 2020. The CAREs Act suspended 2020 RMDs and people were allowed to put the money back in. Yet, people are getting 1099-Rs that's saying they owe taxes! Is this true? And how do we handle this? For more content on how to retire confidently head over to: www.birchwoodcapital.com/writings.

This is the number one question I've been getting from people who redeposited their RMD from 2020.&nbsp; The CAREs Act suspended 2020 RMDs and people were allowed to put the money back in. Yet, people are getting 1099-Rs that's saying they owe taxes! Is this true? And how do we handle this? For more content on how to retire confidently head over to: www.birchwoodcapital.com/writings.

Should I Be Panicked Over Owing Tax From a 2020 RMD Rollover?

What are the real financial strategies retirees need to know to make their retirement successful?

Join Stephen H. Nelson, Chartered Financial Analyst (CFA®) charterholder, CERTIFIED FINANCIAL PLANNER™ (CFP®) professional, and President of Birchwood Capital, as he helps you retire confidently.

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What are the real financial strategies retirees need to know to make their retirement successful? Join Stephen H. Nelson, Chartered Financial Analyst (CFA®) charterholder, CERTIFIED FINANCIAL PLANNER™ (CFP®) professional, and President of Birchwood Capital, as he helps you retire confidently.

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Should I Be Panicked Over Owing Tax From a 2020 RMD Rollover?

Should I Be Panicked Over Owing Tax From a 2020 RMD Rollover?