70 1/2 Min. Distribution - Based on accrual contribution

[Guest UKH]

I have a New Comp. Plan effective 1/1/99. The 1999 Profit Sharing was accrued and therefore as of 12/31/99 there was no actual balance in Mr. X's Account. Is Mr. X required to take a 70 1/2 distribution based on accrual.

Also Mr. X turned 70 1/2 in 1995 when the plan was not in existence. Does he have the right to make an election or does he HAVE to take the required distribution?

I would appreciate if anybody has dealt with such a situation in the past or knows the answer.

Thank you.