RMD suspension applies to 72T?
If a client is currently taking a 72T withdrawal, does the RMD suspension allow her to skip the withdrawals for 2009 or affect it in any way? My guess is no, but it’s worth asking the question on behalf of the client. Thank you.
Permalink Submitted by mk foss on Tue, 2009-01-06 18:57
No it doesn’t apply. The 72T payments are not “required minimum distribution” even if they’re based on the RMD method.