MINIMUM REQUIRED DISTRIBUTION Sample Clauses
MINIMUM REQUIRED DISTRIBUTION. Prior to a Participant's Required Distribution Date, as determined from the records of Prudential on the basis of information furnished to it, Prudential will notify such Participant that he may be required to GVA-120-87 (10/11) (as modified by Group Annuity Amendment Form GAA-7764) Serial 410 4.2-4.3 receive a minimum distribution from his Account under the contract in accordance with Code Section 401(a)(9) and the Regulations issued thereunder. Such notice will include information so as to assist the Participant in computing the amount of his required distribution. Following such notice, a Participant may request that the required minimum distribution be paid to him from the contract before his Required Distribution Date. If the Participant does not request a distribution of any portion of his Account pursuant to this section 4.3, Prudential shall be under no obligation to make such distribution.
MINIMUM REQUIRED DISTRIBUTION. Prior to a Participant's Required Distribution Date, as determined from the records of Prudential on the basis of information furnished to it, Prudential will notify such Participant that he may be required to receive a minimum distribution from his Accounts under the contract in accordance with Code Section 401(a)(9) and the Regulations issued thereunder. Such notice will include information so as to assist the Participant in computing the amount of his required minimum distribution. Following such notice, a Participant may request that the required minimum distribution be paid to him from the contract before his Required Distribution Date. If the Participant does not request a distribution of any portion of his Accounts pursuant to this section 4.3, Prudential shall be under no obligation to make such distribution.
MINIMUM REQUIRED DISTRIBUTION. A distribution required to be made from a Participant's Custodial Account under Code section 408(a)(6).
MINIMUM REQUIRED DISTRIBUTION. The minimum amount that must be distributed each year under paragraph 5.1(a) above is the account value at the close of business on December 31 of the preceding year divided by the life expectancy (in the single life table in Regulations section 1.401(a)(9)-9) of the designated beneficiary using the attained age of the beneficiary in the year following the year of the depositor’s death and subtracting 1 from the divisor for each subsequent year.
MINIMUM REQUIRED DISTRIBUTION. Notwithstanding any other provision of the contract and to the extent required by Internal Revenue Code Section 408(b)(3) and the rules and regulations issued thereunder, distribution must be made from the contract in a manner which satisfies the requirements of Internal Revenue Code Section 401(1)(9) and the rules and regulations issued thereunder, as follows:
MINIMUM REQUIRED DISTRIBUTION. PlanConnect will notify the Participants that have attained at least age 70 ½ within the current calendar year and provide the paperwork necessary to take a distribution of the current required minimum distribution as well as to set up an automatic required minimum distribution service. In addition, a report is sent to the servicing agent for the Plan that will show the minimum required distribution amount due to the Participant assuming they are not married and based only on the Participant account value held in connection with AXA Retirement 360sm and the amount the Participant has taken as a required minimum distribution.
MINIMUM REQUIRED DISTRIBUTION. Effective January 1, 1987, Prudential will notify a Participant, prior to such Participant's Required Distribution Date, as determined from the records of Prudential on the basis of information furnished to Prudential, that he may be required to receive a minimum distribution from his Account(s) under the Contracts in accordance with Code Section 401(a)(9) and the Regulations issued thereunder. Such notice will include information so as to assist the Participant in computing the amount of his required minimum distribution. Following such notice, a Participant may request that the required minimum distribution be paid to him from the Contracts by his Required Distribution Date. If the Participant does not request a distribution of any portion of his Account(s) under the Contracts pursuant to this item 5., Prudential shall be under no obligation to make such distribution.