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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Caught in a Trap: RMDs from 401(k) Plans in the Year of Retirement
Slott Report Aug. 29, 2022 "If the 401(k)-to-IRA rollover takes place before the RBD, it would make sense that no RMD should be required before the rollover occurs. But, as is the case with many IRA and workplace plan rules, what makes sense isn't always the correct answer. The correct answer is that a RMD from the 401(k) must be taken first, and only what's left can be rolled over." |
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