Alert Guidelines on Minimum Required Distributions

The IRS has released its updated Alert Guidelines on required  minimum distributions.

Document Excerpt

The purpose of Worksheet Number 9 (Form 8387) and this explanation is to assist the specialist in determining whether

a plan satisfies the distribution requirements of Internal Revenue Code section 401(a)(9), in accordance with the Final and Temporary regulations under section 401(a)(9), published in the Federal Register on April 17, 2002. However, for plans in existence prior to 2003, required minimum distributions may have been made in accordance with previous proposed regulations published in 1987 and 2001. See Rev. Proc. 2002-29, 2002-1 C.B. 1176 for background on when these earlier regulations could be used, and refer to the earlier regulations for distribution rules prior to 2003, if applicable.



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