I have a plan that employees a husband and wife. Recently the husband died. They are both over the age of 70 1/2 and both have accounts in the plan. MRD's were not started because they are still employed. Now that the husband has passed away, we are rolling over the balance in the spouse's account to an IRA for the wife.
The wife is still employed. Will the wife have to take MRD's from her husband's account? If so, am I right in saying that the first MRD must be made before the end of the year following the year the husband died? In this case 2006?