Jump to content

Recommended Posts

Posted

Just need clarification...

I have an employee who turned 70.5 in june of 2002. He retired in August and requested a rollover distribution. I understand that he must take his MRD before he can roll his money over, since he is required to take it by 4-1-03. However, the amount is less than $100 and I was wondering if anyone knows of a "diminimus" amount which doesn't need to be paid??? I don't think there is one, but I am curious.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use