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

Forbes quoted Tax Manager Alex Kotwal in an article about the rules for required minimum distributions from 401(k) accounts. Wealth Management

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.”

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