The Deferred Compensation Plan

Required Minimum Distributions (RMD)

When you reach a certain age, the IRS requires that you start taking money out of your 457s, 401ks, 403bs, Union Annuities, Traditional IRA accounts and other non-City retirement accounts you may have. Watch this video for information about when RMDs must begin, how they work and more.

Still Have Questions?

If you still have questions, or would like more information about the Plan, register to attend a free distribution planning webinar or call the Plan's Client Service Department at 212.306.7760.