Quote:
Originally Posted by Michael G.
HR 8331 would waive required minimum distributions for the 2022 tax year. That’s a nice way of saying Uncle Sam would not force older folks to withdraw more money than necessary from their retirement accounts this year. 
Contact your state Representative.
Daniel Webster in Marion County |
Like this or not. It is like a 401K. Another way to push taxes paid into the future or get your inheritors to pay the taxes. Would suspect that most of us will probably pay less on a % basis than our old payroll tax rate.
Remember when my now deceased father would get a large deposit into his checking account. For 10 years I had to explain it to him.