AKconsult
Jul 10 2009, 09:55 AM
Does anyone have an idea why Notice 2009-9 states that "most participants and beneficiaries...are not required to withdraw any amount in 2009"? Are some participants excepted from the waiver? I have heard some people saying that they think 5% owners can't take advantage of the waiver(?).
jevd
Jul 10 2009, 02:18 PM
I believe that "Most" refers to the fact that the waiver does NOT apply to DB plan participants.
pmacduff
Jul 10 2009, 03:31 PM
also those who delayed the 1st 2008 RMD until 04/01/2009 are required to take that RMD.
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