Definition
A 12-month period of which the operation of the plan is based. The plan year can be a calendar-year or a fiscal-year.
Referring Cite
Governing plan document
Additional Helpful Information
- SIMPLEs cannot be maintained on a fiscal year
February 16, 2009
A 12-month period of which the operation of the plan is based. The plan year can be a calendar-year or a fiscal-year.
Governing plan document
The 10-year rule is a distribution rule that applies to certain beneficiaries who inherit an IRA or employer-sponsored retirement plan account. Under the rule, the
The still-working exception is a rule that may allow a participant in an employer-sponsored retirement plan to delay required minimum distributions (RMDs) beyond the participant’s
RMD Correction window The correction window is the period during which a missed required minimum distribution (RMD) can be corrected in a way that may
Definition A distribution that is excludable from the distributee’s income, as a result of meeting the following requirements: It is made after the distributee reaches
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