Do RMDs Apply to In-Service Rollovers for Someone of RMD Age?
I have a client who, at the beginning of the year, initiated a partial rollover from his profit-sharing plan to his IRA. He is still employed by the company and is of RMD age. I understand that there is not an RMD due on the funds held inside the profit sharing plan, but is an RMD required for the portion rolled over to his IRA?
Submitted by Michelle Buxton on Tue, 2024-12-03 10:38