Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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SPARK Institute Comment Letter to IRS on Proposed Required Minimum Distribution Regs (PDF)
The SPARK Institute [Opinion] May 26, 2022 17 pages. "The final regulations should not be effective until, at the earliest, calendar years beginning at least 9 months after the final regulations are released.... The Service should not modify the rules for 403(b) plans, or if it does, only through a separate regulatory proposal. The final regulations should modify the Service's interpretation of the 10-year rule, or if not, provide relief for prior years. The Service should reconsider whether the Proposal's rules for withholding on distributions to non-spouse beneficiaries correctly reflect the Code.... The Proposal's rule regarding a 'hypothetical' RMD should be removed. The final regulations should retain age 21 as the age of majority." |
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