[Boomer]

If this happens, it seems like it would work better, with a lot less hassle, if the waiving of the RMD could be for what would need to be paid next year based on 2022. That would allow people to plan better.

Someone mentioned about the possibility of having to sell stock to pay the RMD if you do not have the cash available inside the IRA.

That can be avoided by letting cash accumulate inside the IRA, like from capturing a really good gain with a sell when the time is right and letting the profit sit there in cash for a while — or by not reinvesting dividends so they can pile up in cash and create a moat around stocks you do not want to sell at the time - - or maybe never sell.

It can feel kind of painful to see cash in an IRA not getting any return, but you can get used to it if you think of it as a moat around your stock and also as sideline money if you see an opportunity to buy when a good stock is getting pounded through no fault of its own. And if you decide to use that cash to buy a bargain, don’t use it all. Leave enough in the moat to pay the RMD.

Btw, if you do decide to buy a stock that looks like a bargain, I have a perfect piece of advice for you: Always buy it the day after I do and I can pretty much guarantee it will go down more on that day.

Anyway, never let yourself get into the position of having to sell stock to pay taxes. Build that moat.

Boomer