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Showing results for tags 'minimum required distributions'.
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A participant with a TEFRA 242(b) deferral election has died with a substantial deferred MRD balance. He is currently in the middle of a fixed 30 year installment schedule. (Died after RBD.) If Spouse beneficiary revokes the installment schedule, this will revoke the 242(b) election. Question is: Is Spouse then required to take the make-up MRD distributions of the participant within 2 taxable years, or do the make-up MRD distributions ONLY apply to the MRDs that the BENEFICIARY has deferred AFTER the participant's death? ERISA Outline Book indicates only the post-death MRDs would have to be made up, but I have not found a supporting reference for this. Thanks!
