2020 Required Minimum Distributions (RMD) Waived

On March 27, 2020, the President signed H.R. 748, The Coronavirus Aid, Relief, and Economic Security (CARES) Act, into law. The legislation impacts employer health, retirement, payroll, and leave programs. The FRS Investment Plan has decided to implement one of the retirement provisions. Effective immediately, 2020 RMD’s are waived. As a result, these payments will not be made automatically. If you were required to receive one and you still want to receive it, you may request it by calling the Investment Plan Administrator at 1-866-446-9377, Option 4, or by logging into MyFRS.com and accessing your Investment Plan account. For more information please contact the Investment Plan Administrator.