Guest adevito Posted June 24, 2002 Posted June 24, 2002 Does the age 75 rule apply to 457 plans? In 403b accounts, it is possible to exclude pre-1987 balances in the MDR calculation until age 75. It is possible to do anything similar in 457 accounts?
Michael Devault Posted June 25, 2002 Posted June 25, 2002 I don't believe so. Section 1.403(B)-3, A2 of the final regulations is pretty specific. It indicates that the RMD rules apply only to 403(B) benefits accruing after December 31, 1986. There is nothing that gives a similar exemption for 457 plans. Hope this helps.
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