Final and proposed regulations: Required minimum distributions under section 401(a)(9)

Type
:
Obligation
Tax Area
:
Individual Income Tax
Status
:
Final Proposed Regulations
Qualification
:
Various
Implemented date
:
NA
Country
:
US
Date added
1 Jul
,
2024
Docxster’s Summary

The Treasury Department and the IRS have issued final regulations on the required minimum distribution (RMD) rules for retirement plans. The regulations provide guidance on the calculation of RMDs, including the use of life expectancy tables and the treatment of beneficiaries. They also address the timing of RMDs and the consequences of failing to take a distribution. These regulations will affect individuals with retirement accounts, plan administrators, and employers who sponsor retirement plans.

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Corem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vulputate libero et velit interdum, ac aliquet odio mattis. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Curabitur tempus urna at turpis condimentum lobortis. Ut commodo efficitur neque. Ut diam quam, semper iaculis condimentum ac, vestibulum eu nisl.Corem ipsum dolor sit amet, consectetur adipiscing elit. Nunc vulputate libero et velit interdum, ac aliquet odio mattis. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Curabitur tempus urna at turpis condimentum lobortis. Ut commodo efficitur neque. Ut diam quam, semper iaculis condimentum ac.

Source :
KPMG
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