Minimum Distributions

[Guest RBlaine]

Since the rules were changed so that only 5% owners had to receive minimum distributions, what happens when the person is no longer a 5% owner? Somewhere, the regs refer to the TH definition of owner which goes back to 4 prior years. Doesn't this new law change the look back for TH to only the prior year?

Is any of this going to affect whether the person has to continue the MRD?

Thanks