Minimum Distribution Requirements

[dmb]

Are church plans subject to Required Minimum Distribution Rules?? Thanks.

[JanetM]

Look at 401a9Cii

If church plan elects to be ERISA plan then I would say yes. If church plan elects to not be ERISA.

[Guest Patrick Foley]

Other than the exception in 401(a)(9)©(iv), I believe that nonelecting (i.e., non-ERISA) church plans are subject to the same required minimum distribution rules as ERISA plans.

[Guest Danny Miller]

Are church plans subject to Required Minimum Distribution Rules?? Thanks.

Church 401(a) and church 403(b) plans are subject to the minimum distribution requirements of Code section 401(a)(9). Even a church hospital or university's 457(b) plan is subject to the 401(a)(9) distribution requirements. Hope this helps.