dmertz
Level 15

Retirement tax questions

"It is the plan administrator's responsibility to insure that RMD's are sent."

 

Only for employer plans like a 401(k), not for IRAs.  For IRAs it's the individual's responsibility to request the necessary distribution.

 

Retirement accounts are individual accounts, not joint accounts,  The tax return must include a Form 5329 for each individual who missed an RMD.  Each Form 5329 applies to a single individual.