70 and 70 1/2 in same year

If a client turns 70 and 70 1/2 in same year (even though it’s one year after you turn 70 1/2) he can do one of two things:

a. take the RMD based on 70yrs old in the same year he turns 70 1/2?

or

b. take an RMD the next year when he is 71 prior to 4/1 and then must take another one prior to 12/31 of the same year?

am i correct?

Thank you
Douglas



Yes, that is correct. He is also able to take part of a) in the first year and the rest of a) by 4/1 of the following year.



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