The care act allows you to not take your distribution of IRA's and 4o1ks ... Andrews FCU recently addressed this issue with a letter to not take or to take it. For the yr. 2020 if you have already received it you can send it back. It is great that this FCU addressed it and thank you to them... MY question is where are the rest of the banks and credit unions like Pen Fed... Especially big ones the totally as of this date are abandoned the small guy with really low CDs...



As you may know, the IRS earlier announced that you can reverse a 2020 RMD but that reversal option expires on 8/31/20 so if you want to do a reversal you need to act fast.