74 years old, retired but continue to work parttime for same employer receiving W2. Should take RMD 12/31/24?
74 years old, retired but continued to work for same employer, receives W2 from with 403B deduction, did not receive 1099-R nor Form 5498 from plan administrator for the 403b with same employer. Was RMD should have been taken 12/31/2024?
011155
1 Replies
MinhT1
Expert Alumni
Apr 15, 2025 10:06:22 AM
You may be able to delay taking RMDs from your 403(b) account if you are still working for the employer sponsoring the plan and own less than 5% of the sponsor company. You have to start to take RMDs in the year after you retire.