Minimum Required Distributions

Minimum Required Distributions (MRDs) must be taken by owners having more than 5% ownership, and by terminated/retired employees who are over age 70.5.  The first distribution must be taken by April 1 of the year following the participant turning age 70.5 (if greater than a 5% owner), or the later of the participant turning age 70.5 or retiring/terminating employment (if not greater than a 5% owner).  Each subsequent distribution must be taken by December 31st.  Please contact your ARS Plan Administrator if you have a participant in your plan that is age 70.5 or over and terminated/retired.

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