RMD’s from Pension Plan
Client is waiting for a lump sum election of his pension plan. He turned 72 in 2022. Is the plan required to disburse the RMD?
Client is waiting for a lump sum election of his pension plan. He turned 72 in 2022. Is the plan required to disburse the RMD?
Permalink Submitted by Alan - IRA critic on Wed, 2023-03-01 22:33
Assuming he retired in 2022 or earlier, there will be an RMD requirement for 2022 due by 4/1/2023 and a 2023 RMD before doing the direct rollover.