sf2699 Posted February 5, 2015 Posted February 5, 2015 Assume a non 5% shareholder has started to receive MRD payments from a Plan and is nonger an active employee of Company A. Participant decides to go back to work for company B and has made deferrals.to the Plan but an MRD is not required. If this person rolls over his account from Plan A after receiving his MRD for the current year, will this allow a suspension of his MRD's from his old account in future years while still employed?
ETA Consulting LLC Posted February 6, 2015 Posted February 6, 2015 Sure. Many people who are age 70 1/2 and still employed often roll their IRA balances over to the qualified plans in order to suspend their RMDs until termination of employment. There's no issue with doing this. Good Luck! Below Ground 1 CPC, QPA, QKA, TGPC, ERPA
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