Defer RMD with a Private Foundation?
Can I create a private foundation, become an employee, rollover my IRA to its 403(b) plan, and defer distributions until I retire from the private foundation….or am I considered a 5% owner?
Can I create a private foundation, become an employee, rollover my IRA to its 403(b) plan, and defer distributions until I retire from the private foundation….or am I considered a 5% owner?
Permalink Submitted by Alan - IRA critic on Wed, 2015-08-26 18:16
You would be a 5% owner, so RMDs begin at 70.5 just like IRAs.