I know my current 403(b) plan requires that I take distributions no later than 701/2 (Minimum Required Distribution – MRD). Does Roth account also require an annual MRD?
Yes. Roth contributions and earnings are subject to the same Minimum Required Distribution requirements. However, participants may elect to roll over existing Roth 403(b) balances to a Roth IRA account and avoid required distributions. Please consult with your tax professional for additional guidance.
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