Participant's Benefit Sample Clauses

Participant's Benefit a. The account balance as of the last valuation date in the valuation calendar year (the calendar year immediately preceding the distribution calendar year) increased by the amount of any Contributions or Forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.
AutoNDA by SimpleDocs
Participant's Benefit. With respect to required distributions pursuant to paragraph 7.8, the account balance as of the last Valuation Date in the calendar year immediately preceding the Distribution Calendar Year increased by the amount of any contributions or forfeitures allocated to the account balance as of the dates in the calendar year after the Valuation Date and decreased by distributions made in the calendar year after the Valuation Date. A special exception exists for the second Distribution Calendar Year. For purposes of this paragraph, if any portion of the minimum distribution for the First Distribution Calendar Year is made in the second Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second Distribution Calendar Year shall be treated as if it had been made in the immediately preceding Distribution Calendar Year.
Participant's Benefit. The account balance as of the last Valuation Date in the calendar year immediately preceding the Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of the dates in the valuation calendar year after the Valuation Date and decreased by distributions made in the valuation calendar year after the Valuation Date. A special exception exists for the second distribution Calendar Year. For purposes of this paragraph, if any portion of the minimum distribution for the First Distribution Calendar Year is made in the second Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding Distribution Calendar Year.
Participant's Benefit. 16 1.68 Period Of Severance 16 1.69 Permissive Aggregation Group 16 1.70 Plan 16 1.71 Plan Administrator 16 1.72 Plan Sponsor 17 1.73 Plan Year 17 1.74 Present Value 17 1.75 Prior Plan Year 17 1.76 Prior Safe Harbor Plan 17 1.77 Projected Annual Benefit 17 1.78 Projected Participation 17 1.79 Qualified Domestic Relations Order (QDRO Or Order) 18 1.80 Qualified Early Retirement Age 18 1.81 Qualified Joint And Survivor Annuity (QJSA) 18 1.82 Qualified Matching Contributions (QMACs) 18 1.83 Qualified Non-Elective Contributions (QNECs) 18 1.84 Qualified Plan 18 1.85 Qualified Pre-Retirement Survivor Annuity 18 1.86 Qualified Voluntary Contribution 18 1.87 Required Aggregation Group 19 1.88 Required Beginning Date 19 1.89 Required After-tax Contributions 19 1.90 Rollover Contribution 19 1.91 Salary Deferral Agreement 19 1.92 Savings Incentive Match Plan For Employees (SIMPLE) 19 1.93 Self-Employed Individual 19 1.94 Service 19 1.95 Severance Date 20 1.96 Severance Period 20 1.97 Service Provider 20
Participant's Benefit. For purposes of determining a Participant’s required minimum distribution, the Participant’s Benefit is determined based on his/her Account Balance as of the last Valuation Date in the calendar year immediately preceding the Distribution Calendar Year increased by the amount of any contributions or forfeitures allocated to the Account Balance as of dates in the Distribution Calendar Year after the Valuation Date and decreased by distributions made in the Distribution Calendar Year after the Valuation Date. If any portion of the minimum distribution for the first Distribution Calendar Year is made in the second Distribution Calendar Year on or before the Required Beginning Date, the amount of the minimum distribution made in the second Distribution Calendar Year shall be treated as if it had been made in the immediately preceding Distribution Calendar Year.
Participant's Benefit. (a) The account balance as of the last valuation date in the calendar year immediately preceding the distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date. (b) Exception for second distribution calendar year. For purposes of paragraph (a) above, if any portion of the minimum distribution for the first distribution calendar year is made in the second distribution calendar year on or before the required beginning date, the amount of the minimum distribution made in the second distribution calendar year shall be treated as if it had been made in the immediately preceding distribution calendar year. (6)
Participant's Benefit. The account balance as of the last day in the calendar year immediately preceding the Distribution Calendar Year.
AutoNDA by SimpleDocs
Participant's Benefit. 6 1.55 Permissive Aggregation Croup . . . . . . . . . . . . . . . . . . . 6 1.56 Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.57
Participant's Benefit. (For purposes of Minimum Required Distributions only.)
Participant's Benefit. (i) The Vested portion of the balance of the Participant's Individual Account as of the last Valuation Date in the valuation calendar year (that is, the calendar year before the calendar year for which the Participant's Benefit is being determined), increased by the amount of any contributions and Forfeitures allocated to the Participant for the valuation calendar year after the last Valuation Date, and decreased by distributions or withdrawals made in the valuation calendar year after the last Valuation Date.
Time is Money Join Law Insider Premium to draft better contracts faster.