You are eligible to receive an RMD if you are 73 years of age or older by year-end and you are either a) no longer employed by the organization sponsoring your Plan, or b) are a five or more percent owner of the organization or are related to a five or more percent owner of the organization (your spouse, child or parent). 

You are required to receive your RMD by December 31st each year that you are eligible for one. You may defer your very first RMD until April 1st the following year. However, you will be required to take two RMDs the following year, one by April 1st and one by December 31st.

Please visit our forms page at https://www.rpgconsultants.com/resources/forms/ to download the Required Minimum Distribution Form.