SEP-IRA
If you have active empolyee who is over age 70 1/2 and he is still contributing to his/her SEP. How does that effect RMD?
If you have active empolyee who is over age 70 1/2 and he is still contributing to his/her SEP. How does that effect RMD?
Permalink Submitted by Alan Spross on Tue, 2009-10-27 21:54
The RMD is not affected by contribution status. The RMD must still be distributed each year (except of course for the 2009 year when RMDs have been waived).