403b vs 401k RMD rules
Can the 401k still working exception rules apply for not taking the first rmd if you are 70 1/2 and still working with your company 403b and not a 5% owner of the company.
Can the 401k still working exception rules apply for not taking the first rmd if you are 70 1/2 and still working with your company 403b and not a 5% owner of the company.
Permalink Submitted by Alan Spross on Thu, 2008-03-27 22:33
Yes. The final 403b Regs. reaffirmed that 401(a) rules also apply for 403b plans with respect to the required beginning date for RMDs.