kchadwell
Jan 30 2008, 10:44 AM
Our client has a regular 401(k) plan AND ROTH 401(k); and we know we have to calculate the RMD on the TOTAL value of the acount.
When they take the distribution, are they required to take a portion from the ROTH? OR can they take the entire RMD from 401(k) ONLY?
JanetM
Jan 30 2008, 10:57 AM
Both are subject to RMD rules. How they take it depends on the Plan. If both are in same plan I bet the TPA requires the amounts to be prorated on money types. If they are two different plan you could take from just the 401K as long as you take the amout attributable to both balances.