DB MRD start date

[Dinosaur]

The owner in a 1 person DB plan reached age 70 1/2 in 2010. He has to start his MRD (payable as monthly annuity payments) no later than April 1, 2011. Since he can start in 2010 when would be the start date if he wanted to start on the earliest date. I wouldn't think he couldn't get 12 payments in 2010. We will probably start him either 1/1/2011 or 4/1/2011 but I'm wondering what the earliest start date would be in this case.

Any thoughts?

[SoCalActuary]

The owner in a 1 person DB plan reached age 70 1/2 in 2010. He has to start his MRD (payable as monthly annuity payments) no later than April 1, 2011. Since he can start in 2010 when would be the start date if he wanted to start on the earliest date. I wouldn't think he couldn't get 12 payments in 2010. We will probably start him either 1/1/2011 or 4/1/2011 but I'm wondering what the earliest start date would be in this case.

Any thoughts?

Today would be the earliest start date, unless your document uses a retroactive annuity start date.

[Dinosaur]

The owner in a 1 person DB plan reached age 70 1/2 in 2010. He has to start his MRD (payable as monthly annuity payments) no later than April 1, 2011. Since he can start in 2010 when would be the start date if he wanted to start on the earliest date. I wouldn't think he couldn't get 12 payments in 2010. We will probably start him either 1/1/2011 or 4/1/2011 but I'm wondering what the earliest start date would be in this case.

Any thoughts?

Today would be the earliest start date, unless your document uses a retroactive annuity start date.

Say the plan does not have a retroactive annuity start date and it was August, 2010, could he have started, say 9/1/2010 and received 4 monthly payments in 2010?