Does the account balance to use to determine the required minimum dist

[John A]

Does the account balance to use to determine the Required Minimum Distribution include accrued contributions? In a daily valued profit sharing plan, if a participant has a 12/31/99 cash balance of $25,000 and receives a profit sharing contribution of $1,000 for the 1999 plan year, is the balance to use $25,000 or $26,000 (assuming there are no other adjustments)? A cite would be appreciated! Thanks.

[Guest GregSelf]

Prop REg Sect 1.401(a)(9)-1, Q&As F-5(a)&(B):

F-5. Q. What benefit is used for determining the employee's minimum distribution in the case of an individual account?

A. (a) In the case of an individual account, the benefit used in determining the minimum distribution for a distribution calendar year is the account balance as of the last valuation date in the calendar year immediately preceding any distribution calendar year (valuation calendar year) adjusted as set forth below.

(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. Contributions include contributions made after the close of the valuation calendar year which are allocated as of dates in the valuation calendar year.

[John A]

Thanks, Greg.

Does anyone else have a problem tracking the accrued contributions for this purpose in their daily valuation systems?