Which of the following plans does not have the requirement that its participants must begin withdrawing funds from the plan by April 1st of the year after they turn 70 ½?
I. SIMPLE IRA
II. 401(k)
III. Roth IRA
IV. profit-sharing plan

Question

Quizplus · Accepted Answer

The Roth IRA does not have the requirement that its participants must begin withdrawing funds from the plan by April 1st of the year after they turn 70 ½. The Roth IRA does, however, have a mandatory distribution requirement that goes into effect if the participant dies.

Which of the Following Plans Does Not Have the Requirement