Question

Robin required minimum distributions last year. When Robin died, who was named as the beneficiary?

1) Cannot be determined
2) Robin's spouse
3) Robin's children
4) Robin's parents

Answer 1

The question asks who the beneficiary is for Robin's required minimum distributions after death. Without additional specific documentation, who the beneficiary is cannot be determined as it could be anyone chosen by the account holder.

Step-by-step explanation:

The question pertains to the topic of beneficiary designations and minimum required distributions from retirement accounts, such as IRAs or 401(k)s. The identity of the beneficiary in this scenario cannot be determined without additional information. Beneficiaries are designated by the account holder and can be anyone the account holder chooses, such as a spouse, children, parents, other relatives, friends, or even organizations.

When a person passes away, the assets in their retirement account, including any undistributed minimum required distributions, will be passed on to the named beneficiaries as per the account documents. If no beneficiary is named, the assets may be distributed according to the custodial agreement or the estate plan of the deceased, which could include a will or trust.

In the absence of a direct answer or a document specifying the beneficiary, the answer to this question is (1) Cannot be determined.