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Full Version: 401(k) distribution-deceased participant/estate closed
BenefitsLink Message Boards > Retirement Plans > Distributions and Loans, Other than QDROs
Martha A. Hayner
In attempting to close out and clean up former employee's accounts, we have a situation where the participant died (age 77/1996) and estate has been closed. Can we still distribute to the estate? or go directly to her 6 grown children (which is how the assets were distributed)? how should tax withholding/1099R be handled?
Janet Penz
I'd be curious to know how you resolved this matter. I have a similar issue.
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