2008 rmd in 2009
If the package is signed that waives all 2009 rmd’s and we have clients waiting to take their RMD for 2008 by 4-1-09 (they turned 701/2 in 2008), my question would be:
Does the client still have to take an RMD by 4-1-09 for 2008 rmd and then has his 2009 waived or are both waived?
Doug
Permalink Submitted by Al Fry on Tue, 2008-12-23 18:55
The 2008 RMD is NOT waived; the 2009 RMD is.
Permalink Submitted by [email protected] on Tue, 2008-12-23 20:42
I know the 2008 is not waived, but the client still has to take it by 4-1-09 because it is still listed as his 2008 rmd according to the IRS, am i correct?
Thank you
Permalink Submitted by Al Fry on Tue, 2008-12-23 21:04
correct