BenefitsLink logo
EmployeeBenefitsJobs logo
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook
Search the News


Featured Jobs
Retirement Plan Administrator
Temporary Retirement Plan Operations Analyst
Senior Pension Administrator
Retirement Sales Specialist
Implementation Specialist
Senior Plan Administrator
Retirement Plan Administrator
401K Administrator
Senior Retirement Plan Consultant
Retirement Plan Administrator
Search all jobs
 

 
 
 

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
  • 3,139 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.