jane123 Posted March 9, 2005 Posted March 9, 2005 I know an inherited IRA for a non-spouse beneficiary must be maintained in the deceased's name. Does this rule apply for inherited 401(k) and qualified plan assets? Thanks
mbozek Posted March 16, 2005 Posted March 16, 2005 No. The account is now in the bene name since a bene can hold assets under the plan. There is no such thing as an inherited retirement plan. Plan can cash out bene interest without his consent regardless of amount. mjb
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