2.1.1 PEBA Retirement Benefits - Procurement Services
Required Minimum Distribution (RMD) Per Section 401(a)(9) of the Internal Revenue Code, a participant who has terminated employment must withdraw a minimum amount from a tax-deferred plan. The required minimum distribution date is April 1 of the calendar year after the later of: (i) the calendar year in which the Member reaches age 70 ½; or ... ................
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