Employee Benefit Plans and IRAs-Minimum Required Distributions Must Be Taken By April 1!

Reminder to any (former) employee or IRA owner, whose required distribution date in a qualified retirement plan, 403(b) plan, governmental 457(b) plan or traditional IRA is April 1, 2009- If you have not already done so, you must take the minimum required distribution for 2008 by that date. The suspension on minimum required distributions (“MRDs”), approved by Congress in the Worker, Retiree and Employer Recovery Act of 2008, applies only to those MRDs which must be made for 2009.