Budgeting/Planning/Benefits, Income, Taxes

Still Working and RMD’s

Delaying 401(k) RMDs With The Still-Working Exception

While qualified plan participants are generally required to begin taking distributions April 1 of the year following the year the plan participant turns 70 ½, the “still-working” exception delays the RBD to April 1 of the year following the year the employee retires.

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