topic I am 81, still work full time, contribute to 401k. must I take required annual minimum distribution? in Retirement tax questions

I am 81, still work full time, contribute to 401k. must I take required annual minimum distribution?

anita53236 — Mon, 09 Mar 2026 05:33:28 GMT

Re: I am 81, still work full time, contribute to 401k. must I take required annual minimum distri...

DanaB27 — Sun, 20 Feb 2022 12:08:22 GMT

No, you might not have to take your Required Minimum Distribution (RMD) from the 401k plan if your plan allows it. But if you have a traditional IRA then you will have to take the RMD from that account.

Generally, for 401k plans you must start taking an RMD on "April 1 of the year following the later of the year you turn 72 (70 ½ if you reach 70 ½ before January 1, 2020) or the year you retire (if allowed by your plan). If you are a 5% owner, you must start RMDs by April 1 of the year following the year you turn 72 (70 ½ if you reach 70 ½ before January 1, 2020)."(IRS)

Re: I am 81, still work full time, contribute to 401k. must I take required annual minimum distri...

dmertz — Sat, 19 Feb 2022 21:59:44 GMT

If you are a greater than 5% owner of the company providing the 401(k), you must take RMDs.