BenefitsLink logo
EmployeeBenefitsJobs logo

Subscribe to Newsletters



Search the News


Featured Jobs
Pension Plan Administrator
Senior Pension Administrator
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
  • 3,799 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.