Vlad401k Posted January 7, 2022 Posted January 7, 2022 We have a participant who terminated service in 2020. He is 75 years old and not a 5% owner (so he didn't have to take any RMDs in the past). I understand that he did not have to take the first RMD for 2020 due to the CARES Act Waiver. However, what is the date by which he had to take the 2021 RMD. Would it be 12/31/2021 or 4/1/2022? Thanks.
Popular Post CuseFan Posted January 7, 2022 Popular Post Posted January 7, 2022 RBD was 4/1/2021 and first distribution calendar year was 2020 (but RMD waived), second distribution calendar year is 2021 with 12/31 due date, that didn't change. ESOPMomma, acm_acm, Luke Bailey and 4 others 7 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
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