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Definition of 5% Owner for Purposes of the Required Beginning Date.


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Guest helmethead
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Required Beginning Date: A participant, who is a 5% owner and who has reached the age of 70 1/2, must begin a distribution of his benefits on April 1 of the following calendar year. Does a look-back rule apply for purposes of determining if the participant is a 5% owner? If it does, what is the specific authority?

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