Minimum Distributions

[Guest Gumby]

Am I reading the final 401(a)(9) regs properly in that minimum distributions from a cash balance plan (5% owner over age 70 1/2) cannot be made under the 1.401(a)(9)-5 rules for individual account plans but only in the form of an annuity?

With the language in A-1(e) of the proposed 1.401(a)(9)-6 now gone, it seems minimum distributions from cash balance plans could only be made in the form of an annuity.

[Mike Preston]

You are correct.