The HEROES Act may allow you to undo this required withdrawal from your retirement account
May 19, 2020 at 13:17 PM EDT
The new coronavirus relief bill, which has passed the House, would permit retirees to undo last year's required minimum distributions from individual retirement accounts and retirement plans. Thinking of rolling the RMD back in? You'll have to repay taxes withheld, and you may have to file an amended tax return for 2019.