Consultant Guy Posted yesterday at 04:25 PM Posted yesterday at 04:25 PM I have a 401(k) that is terminating 12/31/2026. How do I handle the RMD's for parts that are still working past 73? Does the exemption if your still working apply?
CuseFan Posted yesterday at 05:02 PM Posted yesterday at 05:02 PM If the plan provision says later of applicable age or retirement then those people are not at their RBD and have no RMD. Bri 1 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
Bri Posted yesterday at 09:01 PM Posted yesterday at 09:01 PM I'd agree, unless the plan termination is also tied to a company sale or something where the participants have severed employment.
CuseFan Posted 6 hours ago Posted 6 hours ago True Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
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