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Subject:  Re: IRS cracking down on IRAs Date:  7/5/2012  5:22 PM
Author:  buzman Number:  70802 of 97917

Another potential snag: If your money is in a 401(k), and you still are working for the employer that sponsors that account when you turn 70½ and you don't own more than 5% of the company, you don't have to make withdrawals from that account. But if you roll over your 401(k) to an IRA, you do.


Some plan docs REQUIRE distributions at 70 1/2 further complicating issues.
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