Required Minimum Distribution

[PFranckowiak]

I want to make sure I have this correct.

Participant retired March 2011. He is 70. (Turns 70.5 in August)

RBD 4/1/2012

He wants to do a Rollover to an IRA.

I say since is is in the year that he is required to take a RMD, 2011. He must take the RMD first if he takes any distribution in 2011.

He wanted to take a partial distsribution now and hold the RMD until 2012.

I was thinking if he took any distribution in 2011 the RMD would have to come first, even though RBD is 4/1/2012.

The broker says since he is 70, not 70.5 yet - he could rollover the balance to the IRA and then take the RMD from there in April 2012.

Thanks - I just need something to go back to the broker with. I have looked up the Q & A and most of those are the person was already 70.5.

Thanks

Pat

[GMK]

Here's a recent similar discussion:

http://benefitslink.com/boards/index.php?showtopic=47337

[PFranckowiak]

Thanks for you help. I just had to have MORE to prove it to the broker.

Pat