Missing partic: where do you send the 1099?

[BG5150]

When someone is missing in a plan term and the money is auto-rolled to an IRA, where do you send the 1099-R?

[JOH]

I though it had to be sent to the last known address.

[Luke Bailey]

As long as a copy gets to the IRS, the missing participant will likely find out about it.

[BG5150]

15 hours ago, JOH said:

I though it had to be sent to the last known address.

If the person is no longer at that address, what's the point?

[Bird]

4 hours ago, BG5150 said:

If the person is no longer at that address, what's the point?

You have to send it somewhere

[BG5150]

57 minutes ago, Bird said:

You have to send it somewhere

But chances are it will be returned, just like the unopened distribution paperwork.

[Bill Presson]

12 minutes ago, BG5150 said:

But chances are it will be returned, just like the unopened distribution paperwork.

And the sponsor keeps it as evidence of the attempt.