Good news for owners of traditional IRAs who turn age 27 this year. You needn’t take your first required minimum distribution. The CARES Act waives RMDs for 2020 from traditional IRAs, 401 (k)s and many other retirement plans. If you turn 72 in 2020, your first RMD, which would generally be due by April 1, 2021, is also waived, according to the staff of the bipartisan joint com. On Taxation. Thus, your first RMD would be for 2021, which must be paid to you by Dec. 31, 2021