Is there a RMD based on the 5% owner rule, or is that only for discrimination testing?
Bill
Full Version: HCE attribution and RMD
Plan participant is highly compensated by attribution - his daughter owns 100% of the corporation. Participant will be 70 1/2 current year.
Is there a RMD based on the 5% owner rule, or is that only for discrimination testing?
Bill
Is there a RMD based on the 5% owner rule, or is that only for discrimination testing?
Bill
The section 318 attribution rules do apply for determining the more than 5% ownership for RMD purposes.
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