As part of the CARES Act, the requirement for older taxpayers to take required minimum distributions (RMDs) from their retirement plans was waived for 2020. This primarily was due to the anticipated drop in value for most investments as a result of the economic effects of COVID-19, which actually did not materialize.

So, barring any extension of the 2020 moratorium by Congress, RMDs must be resumed for the 2021 tax year.