Commonwealth of Virginia 457 Deferred Compensation Plan: Retirement Solutions Made Simple

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      RMDs and the SECURE Act

      Recent federal legislation raised the required minimum distribution age to 72, effective January 1, 2020. Please note that this legislation does not affect persons who reached age 70½ (the previous required minimum distribution age) on or before December 31, 2019 or, in other words, individuals with a date of birth of June 30, 1949 or earlier.