After required beginning date, can participant roll over funds from qu

[chris]

Client doctor has account balance in PSP. Doctor is also MAJ s/h, director of P.A. and is trustee on the PSP. Doc is looking at terminating the PSP. Doc has recently hit his RBD and has taken his first RMD. Doc wants to terminate PSP and rollover his account into IRA. Also, doc wants to name his kids as ben's of the rollover IRA. His spouse is currently ben of his plan account balance. His naming different ben's (e.g., his children) after his RBD seems to be O.K., but it appears that he will be stuck with having to use his spouse's life expectancy to figure future RMD's from the IRA. See Prop Reg §1.408-8, A-6, Q & A (second sentence); Prop Reg §1.401(a)(9)-1, G-2, Q & A, (B), and Prop Reg §1.401(a)(9)-1, E-5, © and (d). Any comments or suggestions.....Thanks

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