Rolling IRA back into 401a/403b to avoid RMD while still working after 70 1/2
Client moved old TIRA into her current active employer’s qualified plan a few years back as a rollover under the new portability rules. Does she avoid the RMD requirement by still working after age 70 1/2 or are former IRA assets treated differently in some way? I figure it would be hard to track but heck, with today’s tech, anything goes. thanks in advance.
Permalink Submitted by Alan - IRA critic on Fri, 2016-03-11 23:31
Once the IRA is rolled into a non IRA employer plan, there are no RMDs required on the former IRA money until the client retires, and RMDs begin for the employer plan.