SPOUSE BENEFICARY - DEATH AFTER 2019:
01.Core Concepts
BEFORE RBD • Surviving spouse designated benefic iary has several distribution options to choose from: 1. Distribute over their own life expectancy (can delay until deceased participant would have been required to begin RMDs), 2. Distribute within 10 years of the death of the participant, 3. Roll to an account in their own name (treated as if it were always theirs), or 4. Elect to be treated as the employee (automatic for qualified plans if no other election is made and spouse the sole beneficiary) SPOUSE BENEFICARY: HYPOTHETICAL RMDs - DEATH AFTER 2019: BEFORE RBD • Hypothetical RMD rules are used if both of the following apply: 1. The spouse elected, or defaulted via the plan document to, the 10-year distribution option prior to the deceased plan participant’s RBD, and 2. After both the spouse and decedent have reached the age at which RMDs must begin, the spouse elects to roll the account to their own account and distribute over life expectancy.