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QUESTION 1 4 Riley participates in his employer's 4 0 1 ( k ) plan. He turns 7 1 years of age on October 1

QUESTION

14

Riley participates in his employer's

401 (

)

plan. He turns

71

years of age on October

15, 2023,

and he plans on retiring on December

1, 2023 .

When must Riley receive his first distribution from the plan to avoid minimum distribution penalties?

By April

1, 2023

By April

1, 2024

By April

1, 2025

By April

1, 202

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