Originally Posted by
flown-it
According to my accountant, as long as you are working you are not required to take the RMD. I hope she is right as I'm 75 and still working!!
She is likely right. I'm not sure what requirements govern DL F/As and their 401K but do know that many aged 70+ do take the RMD. I mentioned RMDs as part of explaining that DL doesn't pay F/As $250K/year for flying:
What are Required Minimum Distributions?
Required Minimum Distributions (RMDs) generally are minimum amounts that a retirement plan account owner must withdraw annually starting with the year that he or she reaches 70 ½ years of age or,
if later, the year in which he or she retires.
https://www.irs.gov/retirement-plans...istributions#1
Terms of the plan govern
The plan’s terms may allow you to wait until the year you actually retire to take your first RMD (unless you are a 5% owner).
Alternatively, a plan may require you to begin receiving distributions by April 1 of the year after you reach age 70½, even if you have not retired.
https://www.irs.gov/retirement-plans...ributions-rmds