BenefitsLink logo
EmployeeBenefitsJobs logo
  
  

Search the News


Featured Jobs
Senior Associate or Counsel - Employee Benefits
Account Manager
Retirement Plan Administrator
Pension Consultant/Sales
ESOP Administrator
Retirement Plan Administrator
Retirement Plan Administrator
Search all jobs
 
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook

Jump to content


Photo

457 Required Minimum Distribution Withholding


  • Please log in to reply
1 reply to this topic

#1 Jhagan

Jhagan

    Registered User

  • Registered
  • 69 posts

Posted 30 November 1999 - 11:20 AM

Is it correct that when you receive a RMD, you can choose the amount of withholding or no withholding at all since an RMD is not an eligible Rollover Distribution? Further, is this also the case for any 457 - Deferred Compensation distribution since any distribution from a 457 plan is not an Eligible Rollover Distribution?

#2 Michael Devault

Michael Devault

    Registered User

  • Registered
  • 308 posts

Posted 30 November 1999 - 12:43 PM

Correct on both issues, assuming the taxpayer is not subject to backup withholding.