pmacduff Posted November 21, 2017 Share Posted November 21, 2017 Non-owner participant has continued working past 70 1/2. Plan has delayed RMD rule for non-owners. Participant is retiring on 11/30/2017. First RMD for this participant is due by 04/01/2018. Termination and retirement distributions are normally done some time in May after the client has determined the allocation for the prior year. If the plan pays the participant an RMD now (in 2017) based on the 12/31/2016 balance and then the participant elects next May to roll entire remaining balance, must another RMD be made from the Plan account based on the 12/31/2017 balance before rolling to the IRA? Link to comment Share on other sites More sharing options...
Mike Preston Posted November 21, 2017 Share Posted November 21, 2017 Yes. Link to comment Share on other sites More sharing options...
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