--- title: "ThinkAdvisor: Put Those RMDs Back. Now." description: News/Press Article image: https://www.covisum.com/hubfs/Stock%20images/Senior%20couple%20meeting%20financial%20adviser%20for%20investment-1.jpeg --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # ThinkAdvisor: Put Those RMDs Back. Now. [IN THE NEWS  |  ](https://www.covisum.com/press/tag/in-the-news)Aug 18, 2020 9:21:26 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) > ![Think-Advisor-Logo-Color](https://www.covisum.com/hs-fs/hubfs/Graphics%20-%20Logos/Think-Advisor-Logo-Color.png?width=543&name=Think-Advisor-Logo-Color.png)This week in his Hidden Value column for [ThinkAdvisor](https://www.thinkadvisor.com/2020/08/11/put-those-rmds-back-now/), Joe Elsasser, CFP®, talks about the rapidly approaching deadline for fixing required minimum distributions (RMDs) that came out of client accounts prior to the passage of the [Coronavirus Aid, Relief and Economic Security (CARES) Act.](https://www.congress.gov/116/bills/hr748/BILLS-116hr748enr.pdf) > > > > > "For advisors, the first step is to answer this key question: 'Is the IRA income desirable on the client’s return?' Sometimes the answer is yes. For others, taking at least some portion of the distribution this year will help keep future years’ distributions and resulting tax liabilities down if future RMDs are more than they need to meet their lifestyle goals. > > > > In other cases, the minimum distribution may have created a situation where Social Security income is now being taxed, capital gains are being pushed out of a [0% tax bracket ](https://www.thinkadvisor.com/2018/12/05/think-you-know-the-capital-gains-tax-rate-think-ag/)and into a 15% bracket or even creating a 3.8% net investment income tax. So, removing RMDs from the return can have a really significant positive impact on the client’s retirement income plan." ### Read the ThinkAdvisor [article](https://www.thinkadvisor.com/2020/08/11/put-those-rmds-back-now/) in its entirety.   ### Share this article [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fwww.covisum.com%2Fpress%2Fthinkadvisor-put-those-rmds-back-now%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.covisum.com%2Fpress%2Fthinkadvisor-put-those-rmds-back-now%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fwww.covisum.com%2Fpress%2Fthinkadvisor-put-those-rmds-back-now%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fwww.covisum.com%2Fpress%2Fthinkadvisor-put-those-rmds-back-now%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=ThinkAdvisor%3A%20Put%20Those%20RMDs%20Back.%20Now.) ## Recent articles [ ### In The News ThinkAdvisor: The 2 Things Your Clients Need to Know About Life Insurance Read ](https://www.covisum.com/press/thinkadvisor-things-your-clients-need-to-know-about-life-insurance) [ ### In The News ThinkAdvisor: Taxes in Retirement, Five Things Your Clients Need to Know Read ](https://www.covisum.com/press/thinkadvisor-taxes-in-retirement-five-things-your-clients-need-to-know) [ ### In The News ThinkAdvisor: To Build a Thriving Niche Practice, Learn When to Say No Read ](https://www.covisum.com/press/thinkadvisor-to-build-a-thriving-niche-practice-learn-when-to-say-no) [See All Articles](https://www.covisum.com/blog) ## Related Blog Articles [ ### In The News ThinkAdvisor: The 2 Things Your Clients Need to Know About Life Insurance Read ](https://www.covisum.com/press/thinkadvisor-things-your-clients-need-to-know-about-life-insurance) [ ### In The News ThinkAdvisor: Taxes in Retirement, Five Things Your Clients Need to Know Read ](https://www.covisum.com/press/thinkadvisor-taxes-in-retirement-five-things-your-clients-need-to-know) [ ### In The News ThinkAdvisor: To Build a Thriving Niche Practice, Learn When to Say No Read ](https://www.covisum.com/press/thinkadvisor-to-build-a-thriving-niche-practice-learn-when-to-say-no) [See All Articles](https://www.covisum.com/blog) ## Covisum’s ecosystem of solutions can help you grow. 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