Guest pjp Posted February 28, 2001 Posted February 28, 2001 Can distributions from two different DB plans sponsored by the same employer (and which have the same institutional trustee) be paid via a single check to a participant? If so, what is the authority?
david rigby Posted March 1, 2001 Posted March 1, 2001 I don't know if you can but I would recommend against it. Each plan has to report the income on a 1099-R separately, both to the participant and to the IRS. Why try to get it confused. 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.
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