Q. I am a FERS employee, still working and plan to retire on Jan. 12, 2013 when I will be 74 years of age (my initial RMD has been delayed as I am still employed). Note that 2012 has 27 pay periods. Since I will be employed through all of 2012, when I retire, will I be required to take a RMD for 2012? Will my first RMD be for 2013 payable by the end of 2014?
A. Your first required distribution will be for calendar year 2013 and the distribution will be due by April 1, 2014.