Required Beginning Date

The Required Beginning Date is the date which federal law requires that you begin receiving benefits under retirement plans.

Effective January 1, 2023, if you were born on or after January 1, 1951, your Required Beginning Date is April 1 of the calendar year following the calendar year in which you attain age 73.

If you were born before January 1, 1951 but on or after July 1, 1949, your Required Beginning Date is April 1 of the calendar year following the calendar year in which you attain age 72.

If you were born before July 1, 1949, your Required Beginning Date remains April 1 of the calendar year following the calendar year in which you attain age 70½.

If you die without taking any distributions, federal law also stipulates the Required Beginning Date in which your surviving Spouse (if any) is required to begin receiving benefits under the Plans.

Effective January 1, 2023, surviving Spouses of Participants born on or after January 1, 1951 are required to begin distributions by December 31 of the calendar year in which the Participant would have reached 73.

Surviving Spouses of Participants born on or after July 1, 1949 but before January 1, 1951 must begin distributions by December 31 of the calendar year in which the Participant would have reached age 72.

Surviving Spouses of Participants born before July 1, 1949 must begin distributions by December 31 of the calendar year in which the Participant would have reached age 70½.