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Posted

Business owner taking RMDs has scheduled automatic checks to come from the plan's record keeper. Business owner dies, 10 days later record keeper issues the annual check.

Should the check be returned and reissued to the beneficiary, or deposited to the estate?

Posted

If the plan says that on death of the participant, benefits are paid to the beneficiary, it seems like the post-death distribution was mistakenly paid. Then the plan says how and when benefits payable to the beneficiary are to be paid.

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