IRS Notice 2022-53 Waives The 50% Excise Tax For 2021 And 2022 RMD Failures For Some Beneficiaries

If you did not take your RMD in 2021 or 2022 because of the confusing messaging from the SECURE Act and you fall into a specific class of beneficiary, you might not owe the usual 50% excise tax on RMD shortfalls.