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H
halfhaas1
April 1, 2025
Question

Is there a Required Minimum Deduction taken from a small retirement with PERS having worked as a teachers aid? I've never been asked that before

  • April 1, 2025
  • 1 reply
  • 0 views
I was told how much I would received when I quit several years ago...nothing mentioned about RMD and nothing has changed except COLA increases

1 reply

M
MAK70
April 1, 2025

Yes, the RMD rules apply to all employer sponsored retirement plans, including profit-sharing plans, 401(k) plans, 403(b) plans, and 457(b) plans. 

 

A defined benefit plan generally must make RMDs by distributing the participant's entire interest in periodic annuity payments as calculated by the plan's formula for:

  • the participant's life,
  • the joint lives of the participant and beneficiary, or
  • a "period certain" (see Treas. Reg. §1.401(a)(9)-6, A-3).
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