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Posted

Given: Owner elected to receive RMD as 50% J&S . Owner is still working. Owner decides to retire 3 years later at 74.

Question: Can owner, at the time of retirement, elect to receive remaining benefits as Lump Sum?

Thanks for all responses.

Posted

If plan provides for this special benefit distribution option.

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

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