Qualified Disclaimer

[Guest ebs24502]

If a participant dies after RMDs have begun, can the designated beneficiary still make a qualified disclaimer to transfer interest to the contingent beneficiaries?

[Appleby]

At a very high level- yes...providing the beneficiary did not take any distributions from the account. Exzceptions apply to RMD amounts taken by the beneficiary

Is it one designated beneficiary?

Is the designated beneficiary an individual?

[Guest ebs24502]

At a very high level- yes...providing the beneficiary did not take any distributions from the account. Exzceptions apply to RMD amounts taken by the beneficiary

Is it one designated beneficiary?

Is the designated beneficiary an individual?

The beneficiary has not taken any distributions since the participant's DOD. However, the decedent had her first RMD last year.

From what I've read, I believe the beneficiary can make a qualified disclaimer as long as he does so by 12/31/06 and before he would receive the RMD.

The beneficiary is one individual and he would like to file a disclaimer and pass the benefits along to the two children who are contingent beneficiaries.