ANNUITIZATION WITHIN DEFINED CONTRIBUTION PLANS
01.Core Concepts
• Partial Annuitization • Defined Contribution plans allow aggregation of annuity and non- annuity values for required minimum distributions. • Example: 1. Total RMD is $16,500 for the current year. 2. Annuity payment is $12,000 annually. 3. $16,500 - $12,000 = $4,500 remaining distribution that can be distributed from non-annuitized funds