14 July 2023 IRS announces plans to finalize guidance on required minimum distributions from qualified plans and provides transition relief In Notice 2023-54, the IRS (1) announces its intention to issue final regulations related to required minimum distributions (RMDs) under IRC Section 401(a)(9), which will not apply before the 2024 distribution calendar year; and (2) provides transition relief in connection with the change in the required beginning date for RMDs under the SECURE 2.0 Act. Document ID: 2023-1240 |