withholding on distributions to charities

[Guest riss@7477]

A 501©(3) organization is designated as a beneficiary of a qualified plan account. Does the organization recognize taxable income on a death benefit distribution? Is there a withholding requirement?

[Bird]

They don't recognize income, or at least they don't have to pay taxes on it. Since it's a non-person bene, it's not eligible for rollover and therefore they can waive withholding.