AnnCK Posted Wednesday at 06:45 PM Report Share Posted Wednesday at 06:45 PM I work for a bank that is trustee of a 401k plan. One of the participants passed away in 2019 with no beneficiary form. He has $590 in his account. He was not married. He has 6 children. In the state where he lived, 18 is the age of majority. 4 of his children are older than 18. The other two are 15 and 17 years old. Each bene is due around $95. For the 2 children who are not 18, must those checks be paid to a guardian? I think those 2 kids might be living with a grandmother. If the payment has to be made to the guardian, do I need to request something to substantiate who is legal guardian for the two minor children? Thank you! Link to comment Share on other sites More sharing options...
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