No Designated Beneficiary. If there is no Designated Beneficiary as of September 30 of the year after the year of the Participant's death, the RMD for each DCY after the year of the Participant's death is the quotient obtained by dividing the Participant's Account Balance by the Participant's remaining Life Expectancy calculated using the age of the Participant in the year of death, reduced by one for each subsequent year.
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Samples: Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)
No Designated Beneficiary. If there is no Designated Beneficiary as of September 30 of the year after the year of the Participant's ’s death, the RMD for each DCY after the year of the Participant's ’s death is the quotient obtained by dividing the Participant's ’s Account Balance by the Participant's ’s remaining Life Expectancy calculated using the age of the Participant in the year of death, reduced by one for each subsequent year.
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Samples: Adoption Agreement (Knowles Corp)
No Designated Beneficiary. If there is no Designated Beneficiary as of September 30 of the year after the year of the Participant's death, the RMD for each DCY after the year of the Participant's death is the quotient obtained by dividing the Participant's RMD Account Balance by the Participant's remaining Life Expectancy calculated using the age of the Participant in the year of death, reduced by one for each subsequent year.
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