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HCE attribution and RMD


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#1 wlank

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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

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Posted 27 October 2003 - 08:13 AM

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