I'm still working and was told by Fidelity Investments that I wasn't required to take any money out of my 401k

cep1944 · ‎May 31, 2019

Even thought I am 71.

SteamTrain · ‎May 31, 2019

That is controlled by your 401k plan documents...and is allowed to be deferred until you actually leave employment...but your plan documents could have some age limit..but you'd have to ask them.

IF you have other types of retirement accounts, you would likely have to start your RMDs for those now..

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

View solution in original post

SteamTrain · ‎May 31, 2019

That is controlled by your 401k plan documents...and is allowed to be deferred until you actually leave employment...but your plan documents could have some age limit..but you'd have to ask them.

IF you have other types of retirement accounts, you would likely have to start your RMDs for those now..

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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I'm still working and was told by Fidelity Investments that I wasn't required to take any money out of my 401k