Permalink Submitted by Alan - IRA critic on Thu, 2015-09-03 20:14
I assume this question relates to your effective retirement date being 12/31 vs. 1/1. If you have reached 70.5 and are considered an active employee on 1/1/2016 per the employer’s records, then your required beginning date will be 4/1/2017. If you were not considered active in 2016, then the RBD would be 4/1/2016. Since the employer keep the books and defines when employees have retired and also are responsible for seeing that RMD requirements at met for their plan, the employer is best suited to give you a specific answer regarding your official retirement date.
Permalink Submitted by Alan - IRA critic on Thu, 2015-09-03 20:14
I assume this question relates to your effective retirement date being 12/31 vs. 1/1. If you have reached 70.5 and are considered an active employee on 1/1/2016 per the employer’s records, then your required beginning date will be 4/1/2017. If you were not considered active in 2016, then the RBD would be 4/1/2016. Since the employer keep the books and defines when employees have retired and also are responsible for seeing that RMD requirements at met for their plan, the employer is best suited to give you a specific answer regarding your official retirement date.