Leaderboard

I lean toward recommending people to fill out a form at 0%, just as a safety protection. I think a few years ago someone noted a case of a small plan, with a safe harbor match. owner is the only who defers, so is the only who gets a match. no other contributions made, so owner got the monopoly "get out of top-heavy free" card. now, a few years after the fact the NHCEs go to the DOL and say they never even knew about the match, and they would have deferred had they known. who do you believe - the owner who said he gave out the info or the NHCEs?

This may help: http://benefitslink.com/boards/index.php?/topic/48347-ira-owner-turns-age-70-12-but-dies-before-rbd/ see post #2 (by ERISAtoolkit): "... the death RMD rules preempt the lifetime RMD rules." Under the death RMD rules, the participant did not reach her required beginning date. Item 4 of post #1 applies.

I suspect that this "tool" does all the easy stuff, but none of the hard stuff, like valuing a non-compete covenant, or valuing stock options.

Just think of it this way, the death RMD rules preempt the lifetime RMD rules. So, if taxpayer dies on or before the required beginning date for age 70 1/2 distributions, then the age 70 1/2 distributions no longer apply. The death RMD rules will then apply. Good luck!