Common use of IRA Distributions Clause in Contracts

IRA Distributions. You or, after your death, your beneficiary may take an IRA distribution, in cash or in kind based on our policies, at any time. However, depending on the timing and amount of your distribution you may be subject to income taxes and/or penalty taxes.

IRA Distributions. You orYou, or after your deathdeath your successor beneficiary, your beneficiary may take an IRA distribution, distribution in cash or in kind based on our policies, at any time. However, depending on the timing and amount of your distribution you may be subject to income taxes and/or penalty taxesif it is not a qualified distribution.

IRA Distributions. You or, after your death, your successor beneficiary may take an IRA distribution, in cash or in kind based on our policies, at any time. However, depending on the timing and amount of your distribution you may be subject to income taxes and/or penalty taxes, depending on the nature of the contributions previously made to the IRA or ERP.

IRA Distributions. You orYou, or after your deathdeath your beneficiary, your beneficiary may take an IRA distribution, in cash or in kind based on our policies, at any time. However, depending on the timing and amount of your distribution you may be subject to income taxes and/or or penalty taxes.

IRA Distributions. You or, after your death, your beneficiary may take an IRA distribution, in cash or in kind based on our policies, at any time. However, depending on the timing and amount of your distribution you may be subject to income taxes and/or or penalty taxes.