AndyH Posted December 17, 2008 Posted December 17, 2008 ASPPA's ASAP says that minimums for 2009 for qualified plans would be waived under the pending legislation. Reading the technical summary from Congress seems to limit this to DC plans. Is the ASPPA ASAP wrong (call it incomplete or misleading if you wish), or did I miss something about DB minimums?
Guest Kabert Posted December 17, 2008 Posted December 17, 2008 It doesn't apply to DB plans. Only: DC plans that are described in 401(a), 403(a), 403(b), and state/local 457(b) and IRAs
goldtpa Posted January 2, 2009 Posted January 2, 2009 The bill states that ... "Under the provision, no minimum distribution is required for calendar year 2009 from individual retirement plans and employer-provided qualified retirement plans that are defined contribution plans (within the meaning of section 414(i))."
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now