Required Minimum Distribution Roth Money

[Deaconmomma]

I have a participant who has to take an RMD this year and wants to take it now... He has Roth Deferrals and regular pre-tax deferrals. Are the Roth deferrals used in the calculation of the RMD. I have never had this happen so I am unsure what to do. Thank

[Lou S.]

Yes. You essentially have 2 RMDs one based on the ROTH balance as of prior 12/31 and the other based on the non-ROTH balances as of 12/31.

[rcline46]

Without digging in, I would think one RMD, payable from any account as participant elects.

[Tom Poje]

my understanding you look at total account balance and determine the min distribution

if taken all from Roth, no taxes (assuming 5 year rule)

if you had a profit sharing balance as well, you wouldn't say I get a min distr from deferral, one from roth and one from the profit sharing,, but I could see how the idea might pop into the head if you only had deferral and roth.

or as I recall if you had after tax (not Roth) then there is a rule about taken things pro rate, but that info is buried so deep in the skull I don't remember.

by the way, if it was a Roth IRA there is no min distribution (at least at this time)