Answer:
Option 2 is the correct answer.
By April 1, 2020.
Explanation:
To avoid minimum distribution penalties, the taxpayer must receive the first distribution by no later than April 1 of the year after the employee turns 70 % or the year after the year in which employee retires (if later).
Because Riley turns 70 1/2 years of age in 2019, he must receive his first distribution no later than April 1, 2020 to avoid minimum distribution penalties.
