RMD

[Guest lnewhouse]

A RMD was processed in late December 2006 and the check was mailed out by the carrier, but the check has not been cashed since the address that the client had is incorrect. The client does not have any updated information for this former employee since they terminated over 5 years ago.

Since the participant hasn't received their check, is there any deadline when it needs to be cashed by? I can suggest to the client to use the IRS forwarding service or a private service. Any suggestions on how to handle and what issues there might be for the participant and/or client.

Thanks.

[JanetM]

I would use private locator. We have subscription to LexusNexus. But we have found the old missing participants don't always get found. They end up living with family or in nursing home and we locate them when they turn up on SS death index.

[Guest mjb]

MRD is deemed made for tax purposes when check is mailed. Not necessary for payment to be received.