Guest jc1457 Posted August 12, 2007 Posted August 12, 2007 Hi, I have a participant who should have received a rmd 4/1/2007. He will receive two this year. My question is - for the rmd that was due 4/1/2007 - I should use 12/31/2005 ending balance to calculate this rmd - correct? Even though the distribution is now late. Is there a reg that discusses this specifically? I know that this is the correct way of handling this, I just want to have support in my file for handling this in this manner. Thank you! Linda
masteff Posted August 13, 2007 Posted August 13, 2007 The amount doesn't change due to lateness of distribution. Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra
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