Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



IRS Guidance About SECURE Act's Beneficiary RMD Provisions Requires Revision
Law Offices of Albert Feuer, via SSRNLink to more items from this source
[Opinion]
May 17, 2021

"The return guidance incorrectly describes the 10-year rule as requiring annual distributions in each year following the participant's death even though the 5-year rule has no such requirement. Furthermore, when the participant dies after attaining the participant's required beginning date, the IRS guidance prevents a disfavored individual beneficiary from continuing to use the participant's life expectancy to determine annual minimum required distributions.... These limitations are not consistent with the stated purpose of the SECURE Act MRD provisions, the long-standing IRS regulations interpreting the MRD rules, or the amended MRD statute as a whole."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.