RMD's

[Guest Donell]

Do you use Calendar Year-end or Plan Year-End in calculating an RMD? I have a plan with Plan year-end of 9/30 and need to know if I use calendar year-end or plan year-end. Thanks.

[ETA Consulting LLC]

Do you use Calendar Year-end or Plan Year-End in calculating an RMD? I have a plan with Plan year-end of 9/30 and need to know if I use calendar year-end or plan year-end. Thanks.

It's calendar year; the plan year end is irrelevant.

Good Luck!

[Kevin C]

It's calendar year; the plan year end is irrelevant.

... unless the plan is only valued annually or semi-annually.

1.401(a)(9)-5

Q-3. What is the amount of the account of an employee used for determining the employee's required minimum distribution in the case of an individual account?

A-3. (a) In the case of an individual account, the benefit used in determining the required minimum distribution for a distribution calendar year is the account balance as of the last valuation date in the calendar year immediately preceding that distribution calendar year (valuation calendar year) adjusted in accordance with paragraphs (b) and © of this A-3.

(b) The account balance is increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date. For this purpose, contributions that are allocated to the account balance as of dates in the valuation calendar year after the valuation date, but that are not actually made during the valuation calendar year, are permitted to be excluded.

© The account balance is decreased by distributions made in the valuation calendar year after the valuation date.

(d) If an amount is distributed by one plan and rolled over to another plan (receiving plan), A-2 of §1.401(a)(9)-7 provides additional rules for determining the benefit and required minimum distribution under the receiving plan. If an amount is transferred from one plan (transferor plan) to another plan (transferee plan), A-3 and A-4 of §1.401(a)(9)-7 provide additional rules for determining the amount of the required minimum distribution and the benefit under both the transferor and transferee plans.