Permalink Submitted by Alan - IRA critic on Wed, 2015-08-12 00:29
Yes, but if the participant is still working and not a 5% owner, the RMDs are deferred until retirement. A participant can avoid any Roth 401k RMDs by rolling the account over to a Roth IRA by the end of the year prior to the first RMD distribution year. For a retired participant that would be the year prior to the year the participant will reach 70.5.
Permalink Submitted by Danny Harlow on Wed, 2015-08-12 00:22
Are RMD’s required at 70.5 on Roth 401(k)?
Permalink Submitted by Alan - IRA critic on Wed, 2015-08-12 00:29
Yes, but if the participant is still working and not a 5% owner, the RMDs are deferred until retirement. A participant can avoid any Roth 401k RMDs by rolling the account over to a Roth IRA by the end of the year prior to the first RMD distribution year. For a retired participant that would be the year prior to the year the participant will reach 70.5.