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Posted

Hi

DB plan terminated and did all the distributions during 2026 and also paid the RMD based on account balance method.

Now, a small residue ($550) hit the account which is also subject to RMD. It is roughly $20.

I cannot remember if there was a de minimum amount that can be ignored? Actual distribution was 2.5M with RMD of 100k.

TIA

QKA, QKC, QPA, CBS - I used to be indecisive about pensions but now I am not so sure

Posted

Is this a one-person plan?  Why would a "residue" be only partially distributed (at the next convenient date) for a terminated plan?

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Posted

Owner only and hit the account 2 months after the distribution occured.

QKA, QKC, QPA, CBS - I used to be indecisive about pensions but now I am not so sure

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