Distribution to spouse of dec'd participant

[doombuggy]

Ok, I just received confirmation from the plan sponsor/trustee/owner that his dad died in 1994. We became the TPA of this plan back in 2003, but we were never given any info that this partiicpant was dec'd - he is just listed as retired and we have no death cert on file. The estate atty of the trustee has told him that the bene (the dec'd's spouse) can roll the account into her account in the plan (she used to work there too). I don't have a problem doing this - my concern is that he has been dead for 12 years - I thought this needed to be done within 5 years? Would there be any repercussions if the plan was ever audited? The plan is a P/S plan that is valued annually and is pooled. So techincally, it would have earned the same interest or losses whether is was listed as the account of "M" as it would have as listed as the rollover of "A," the spouse.

Am I worring over nothing?

[doombuggy]

I forgot to mention that he would have turned 70 1.2 in 2006, and as such would need to receive his first RMD by 4/1/07. So this distribuiton needs to be completed by then, yes?

[Guest mjb]

when does the plan require distributions to be made after death of a participant?