BenefitsLink logo
EmployeeBenefitsJobs logo
  
  

Search the News


Featured Jobs
Conversion Specialist
401(k) Administrator
DC Valuations Specialist
Retirement Plan Implementation Data Specialist
Loan & Distribution Specialists
Area President / Branch Manager
Sr. Employer Benefits Financial Analyst
Retirement Account Administrator
Senior Counsel
Retirement Plan Specialist
Search all jobs
 
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook

Jump to content


Photo

HCE attribution and RMD


  • Please log in to reply
1 reply to this topic

#1 wlank

wlank

    Registered User

  • Registered
  • 18 posts

Posted 27 October 2003 - 07:21 AM

Plan participant is highly compensated by attribution - his daughter owns 100% of the corporation. Participant will be 70 1/2 current year.

Is there a RMD based on the 5% owner rule, or is that only for discrimination testing?

Bill :ph34r:

Edited by wlank, 27 October 2003 - 07:21 AM.


#2 Belgarath

Belgarath

    Registered User

  • Registered
  • 3,385 posts

Posted 27 October 2003 - 08:13 AM

The section 318 attribution rules do apply for determining the more than 5% ownership for RMD purposes.