Distributions after the later of Age 62 or NRA...

[Leopurrd]

Hello all,

I'm studying for my DC-3 exam and came across the mandatory distribution exception for those participant who have reached the later of age of 62 or NRA.

I was wondering if anyone could explain what options you are allowed if you become 62/meet NRA as provided in the plan? Do the automatic rollover rules no longer apply? Or perhaps you can take a full cash distribution since you are at retirement age?

Sorry for asking here, but my DC book does not cover what happens when you meet this age in the chapter...

Thanks in advance for any posts on the topic.

Vicki