situation is, deceased grandmother listed minor grandchild as beneficiary or 401k (no custodian named). Grandmother had started started taking RMDs. Financial institution won't release/distribute the 401K to the minor beneficiary until the minor turns 18, so no one will have access to the account for several years.
What are the implications for RMD's and associated income tax on those RMD's when there is no access to the account in order to actually transact the RMD's? At this point, technically the financial institution won't even tell me (the minor's parent) what the 401K account balance is, though I can probably approximate it's value from other available information.
