Required Minimum Distribution

[Guest le190]

If a 5% owner participant in a profit sharing plan, DOB sometime in 1926, has not started taking his RMD as of today, what are the corrective measures that can be taken?

[Guest CTYSON]

Check the Q&A section in this website. Q&A's 77-81 in the Q&A:Plan Defects address correction of failure to make minimum distributions.

[This message has been edited by CTYSON (edited 12-08-98).]