A Safer Retirement and Environment – What We’re Implementing to Help Keep You Safe: READ MORE

Here at Cox Strategic Wealth, we are adhering to state and local guidelines in order to protect both the health and safety of clients and staff. Keeping our clients and staff safe is our highest priority and we’re taking all appropriate measures to ensure a safe environment. Should you prefer to not meet face-to-face, we are continuing to serve our clients through virtual settings such as Zoom or phone calls.

We look forward to continuing to help individuals and families achieve their ideal retirements.

Cox Strategic Wealth
(949) 888-6644




By Ian Berger, JD
IRA Analyst


I understand that I don’t have to take any RMDs during 2020.  However, is the CARES Act rule that it is an-all-or-nothing for RMDs or can I take a portion of my RMD for 2020 but not all



Hi John,

Since RMDs are waived this year, you have complete flexibility. In 2020 you can take none of what would have been your RMD, some of it, all of it, or even an amount greater than what would have been your RMD amount.



Under the CARES Act, I understand that a beneficiary of an inherited IRA may not return/rollover any RMD already taken in 2020 back into the IRA. But what if the beneficiary just inherited the IRA in 2020?  It is actually the decedent’s RMD that the beneficiary removed prior to enactment of the CARES Act.  May the beneficiary roll the decedent’s RMD back in?  I would appreciate your guidance on this.



Hi Veronica,

Since RMDs are waived for 2020, the decedent did not have an RMD for this year. As such, there is no year-of-death RMD. But some RMDs were taken before the waiver was announced, which sounds like your situation. Immediately upon death, the account belongs to the beneficiary, and any distributions are the beneficiary’s, not the decedent’s. The beneficiary here is simply a victim of timing. Non-spouse beneficiaries may never do IRA rollovers, including “return” rollovers of subsequently-waived RMDs already taken in 2020.


Ready To Take


For more information about any of our products and services, schedule a meeting today.

Or give us a call at (949) 888-6644

Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor.  BCM and Cox Strategic Wealth are independent of each other.   Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.  Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by BCM.

The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.