What are the IRA contribution and withdrawal rules for 2020?

• April 6th, 2021
• David Greene
• Comments Off on What are the IRA contribution and withdrawal rules for 2020?

First I want to let everyone know that the 2020 tax return filing deadline has been extended until May 17.  The CARES Act changed many rules related to IRAs for 2020.  First one can withdraw up to $100,000 without incurring…