For Advisers
For Employers
Compliance
Census & Ownership Data FAQ
Compliance Questionnaire Help Guide
Fidelity Bonds for Your Retirement Plan
Fixing Common Plan Mistakes
What if I own multiple companies?
Contributions
Changing Bank Accounts
Funding Contributions from Multiple Bank Accounts
Processing Contributions
Viewing Employee Contribution Rates
What if my payroll provider doesn't transmit my data to ERISA for me?
Which payroll providers does ERISA support?
Distributions
Enrollment
Investments
Loans
Plan Audits
Plan Documents
Plan Setup
Conversion Timeline
Enrollment Methods
Getting Started as a Plan Administrator
Plan Setup Guide for New Defined Contribution Plans
Service Providers
Terminating a Plan
Who do I contact for support?
For Participants
Distributions
Divorce and Retirement Accounts - Qualified Domestic Relations Order (QDRO)
Hardship Withdrawals
How do I request my distribution?
Involuntary Distributions
Required Minimum Distribution (RMD)
Investing
Loans
How do I know how much is available for a loan?
How to Make Extra Payments on Your Retirement Plan Loan
How to Pay Off Your Retirement Plan Loan
How to Request a Loan
How to Take a Loan from Your Retirement Account
Loan Repayment Requirements
Managing Your Account
Adding a Beneficiary
How do I roll money from another retirement account into my retirement account with ERISA?
Retirement Plan Security Enhancements
Understanding Your Plan's Expenses
Saving for Retirement
Book a Retirement Planning Session
- All Categories
- For Employers
- Distributions
- Required Minimum Distributions
Required Minimum Distributions
Updated
by Chandler Julian
Required minimum distributions (RMDs) are distributions that are required by the IRS once a participant reaches age 72 (previously age 70.5 until the enactment of the Secure Act on January 1, 2020).
RMDs must be processed before the IRS deadlines for your plan to stay compliant. Our support team reviews your plan each year to detect individuals that meet the RMD requirements and sends them a notice that they must request their RMD for the year. To help facilitate this process, we ask that you please review your employee records to make sure current address and email address information is kept on file in our system.
