Common use of Required Minimum Distributions Clause in Contracts

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 27 contracts

Samples: Ach Agreement, Ach Agreement, Individual Retirement Custodial Account Agreement

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Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ during your lifetime (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 24 contracts

Samples: Combined Individual And, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) SIMPLE IRAs). However, your beneficiaries beneficiary(ies) is generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement Disclosure Statement regarding beneficiaries’ beneficiary’s(ies’) required minimum distributions.

Appears in 5 contracts

Samples: Ira Plan Agreement, Roth Ira Plan Agreement, d2ronhuflgo4cz.cloudfront.net

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries beneficia- xxxx generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 3 contracts

Samples: Stifel Account, Stifel Account, www.stifel.com

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 701⁄2 (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 3 contracts

Samples: Account Agreement, 4kmc.com, 4kmc.com

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 701⁄2 (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) SIMPLE IRAs). However, your beneficiaries beneficiary(ies) is generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement Disclosure Statement regarding beneficiaries’ beneficiary’s(ies’) required minimum distributions.

Appears in 2 contracts

Samples: Custodial Agreement, Plan Agreement

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ during your lifetime (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Beneficia- ry Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 2 contracts

Samples: Stifel Account, Stifel Account

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 72 (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

Appears in 1 contract

Samples: www.horizontrust.com

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Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) SIMPLE IRAs). However, your beneficiaries beneficiary (ies) is generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement Disclosure Statement regarding beneficiaries’ beneficiary’s (ies’) required minimum distributions.

Appears in 1 contract

Samples: Ira Agreement

Required Minimum Distributions. You are not required to take distributions from your a Xxxx XXX at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) SIMPLE IRAs). However, your beneficiaries beneficiary(ies) is generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement Disclosure Statement regarding beneficiaries’ beneficiary’s(ies’) required minimum distributions.

Appears in 1 contract

Samples: www.stratatrust.com

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ 701/2 (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) SIMPLE IRAs). However, your beneficiaries beneficiary(ies) is generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement Disclosure Statement regarding beneficiaries’ beneficiary’s(ies’) required minimum distributions.

Appears in 1 contract

Samples: atlwealth.com

Required Minimum Distributions. You are not required to take distributions from your Xxxx XXX at age 70½ (as required for Traditional and savings incentive match plan for employees of small employers (SIMPLE) IRAs). However, your beneficiaries generally are required to take distributions from your Xxxx XXX after your death. See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required beneficiaries'required minimum distributions.

Appears in 1 contract

Samples: Client Agreement

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