Groom’s Elizabeth Thomas Dold, principal, was featured by Tax Notes in the article, “IRS Keeps Contentious Required Minimum Distribution 10-Year Rule,” where she examined final regulations from the IRS on required minimum distributions (“RMDs”).
Dold said, “The final regulations give some much-needed closure for various compliance issues regarding these complex rules, and the interplay with the proposed regulations gives us a look into some of the unanswered questions following SECURE 2.0 changes.”
“This guidance, along with the model RMD language in the defined contribution plans ‘List of Required Modifications,’ gives plan sponsors and recordkeepers important insight to these rules,” she added.
To read the article, click here.
