403(b) required minimum distributions

[Dale Watkins]

I would like to confirm that a taxpayer is allowed to postpone the start of distributions beyond age 70 1/2 if they are still working-applies only to 403(b) plans. Thank you.

Dale Watkins

[Roland Slugg]

No, that is not correct. That rule applies to all employer plans, except for 5% owners. Code §401(a)(9)

[Kram BergGold]

Employer Plan

I would add, and I think this is accurate, the ability to defer RMD only applies to a plan with the current employer. If taxpayer has a plan from an old employer RMD would be required.

[FEDUKE404]

Only current employer

I would add, and I think this is accurate, the ability to defer RMD only applies to a plan with the current employer. If taxpayer has a plan from an old employer RMD would be required.

You took the words right out of my mouth!