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Monday, December 14, 2020

The Daily Money: IRS didn't care about RMDs in 2020. It will in 2021.

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Monday, December 14

Happy Monday, Daily Money readers! Only 11 days until Christmas, and 17 days until we say goodbye to 2020. Let's kick off your week with a fresh batch of Money and Tech headlines.

Let's start with required minimum distributions, a key component to retirement planning if you have an individual retirement account. The IRS didn't worry about them in 2020 due to the pandemic. They will in 2021, though.

The pandemic and economic turmoil it generated has pushed Americans to give back more to their community. Here's how one small business owner in California is contributing.

Finally, I apologize for having to write this, but please don't eat raw meat. And certainly don't make a raw meat sandwich. Apparently, "cannibal sandwiches are a thing. As Wisconsin health officials note, eating raw meat will make you really sick.

While I purge the thought of raw meat sandwiches in my brain, you scroll down for more Money and Tech headlines. And thank you for reading.

Brett Molina, Money/Tech editor

RMDs written in lined notebook; pen to the side.
The IRS doesn't care about RMDs in 2020, but it will in 2021
The pandemic relief is ending for required minimum distributions from tax-deferred retirement accounts.
How one CA small business owner is giving back
Mario Hernandez, owner of Environment Protection S
Pass on raw meat sandwiches, health officials say
Ground meat     Ground meat goes bad much more qui
US government agencies hacked
The U.S. Treasury Department building viewed from
3 Dividend Stocks That Should Pay You the Rest of Your...
A chalkboard displays a graph that shows dollar si
How to get a free McDonald's Double Cheeseburger Monday
McDonald's is giving you an early holiday present.
Ford can't keep up with F-150 demand
Ben Brenneke, an accountant from West Lafayette, I
Target extends store hours, reduces senior hours
Target in Henrietta has a large sign hanging over
Popeyes' new Chocolate Beignets arrive Monday
A Popeyes storefront.
Cheap TVs to iPhones: 2020 consumer guides
iPhone 12 Pro Max and Mini
 
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