Jump to content

Pension Beneficiary Tax Liability

Guest Bkerila

Recommended Posts

Guest Bkerila

My daughter (4 yrs old) was the beneficiary of my deceased Aunt's Pension plan, in the form of a lump sum check written directly to her. I've received no 1099-R from the administrator of the pension plan. My question is simply - is the beneficiary of a pension plan liable for taxes on the principle amount if paid as a lump sum at the time of death? (Seems like this must happen all the time, right?)

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...