A bill sailing through Congress would mark the second time in three years that lawmakers allowed Americans to delay withdrawals from retirement accounts.
Retirees who can afford to sit on their nest eggs a little longer to allow more tax-deferred growth could win big from a bill that is sailing through Congress.
Internal Revenue Service is working to execute statutory changes outlined by Setting Every Community Up for Retirement Enhancement Act SECURE Act. IRS streamline required minimum distribution RMD requirements for Internal Revenue Code IRC Section 403b plans Section 401a.