DBPP. Participant turns age 70.5 on 9/1/09. If he elects to defer RMD start date until 4/1/10, is the RMD for 2010 12 times the monthly accrued benfit (2010) plus 3 times the monthly benefit for 2009 (10/1/09-12/31/09)

Thanks!

I believe you could set your annuity starting date to be as late as the RBD of 3/31/2010. If the calculated benefit amounts as of the ASD are payable monthly, then a single monthly payment beginning before 4/1/2010 would be OK. If the amounts are payable annually, then the annual amount is due by that date.

The benefit should be calculated as of the annuity starting date.

The key is the annuity starting date and the payment intervals (monthly, annually etc...) but you do not need "make up" benefits going back to the participant's 70.5 birthday.

I agree with all of the above. What I've been doing is to compute the participant's PVAB as of 3/31/10, and then convert that into an equivalent annual benefit with 4.99% COLA payable for the participant's life expectancy. i.e. a term-certain, increasing annuity due with annual payments.

... Scott

Scott, what have you been doing to take into account 417(e)?