March 31, 2022
Forbes quoted Tax Manager Alex Kotwal in an article about the rules for required minimum distributions from 401(k) accounts.
Forbes
By Julie Jason
Excerpt:
“If a taxpayer is still employed on Jan. 1, then they can utilize the ‘still-working exception’ to delay starting their RMDs from their qualified plan for an additional calendar year,” explained Alex Kotwal, a CPA and tax manager for Marcum. “The final date of employment would generally be the last day on which they perform services for their employer.”