In service withdrawal for 72 year old?

[Guest mpark]

Plan participant in a k plan wants to take inservice withdrawal of entire account balance and roll it to IRA. He is 72 years old.

Plan has in service withdrawal provisions.

Do the 70 1/2 MRD distributions kick in for this distribution?

[Belgarath]

Assuming he isn't a "5-percent owner" then no. He hasn't reached his required beginning date under 1.401(a)(9)-2.

[WDIK]

But then wouldn't the IRA be required to make a minimun distribution?

[WDIK]

The answer to my question is found in Ltr Rul 200123070.

The IRS ruled that a non 5% owner employee who rolloed over a distribution to an IRA after attaining age 70-1/2 but before retirement could delay the first RMD from the IRA until the year following the year of the rollover.