Common use of RMD Clause in Contracts

RMD. An RMD is the required minimum distribution the Plan must make to a Participant or Beneficiary for a DCY. The Plan Administrator determines an RMD without regard to vesting, but in accordance with Treas. Reg. §1.401(a)(9)-5, the Plan only will distribute an RMD to the extent that the amount distributed is Vested.

Appears in 2 contracts

Samples: Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)

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RMD. An RMD is the required minimum distribution the Plan must make to a Participant or Beneficiary for a DCY. The Plan Administrator determines an RMD without regard to vesting, but in accordance with Treas. Reg. §1.401(a)(9)-51.401(a)(9)‑5, the Plan only will distribute an RMD to the extent that the amount distributed is Vested.

Appears in 1 contract

Samples: Plan and Trust Agreement (Bob Evans Farms Inc)

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RMD. An RMD is the required minimum distribution the Plan must make to a Participant or Beneficiary for a DCY. The Plan Administrator determines an RMD without regard to vesting, but in accordance with Treas. Reg. §1.401(a)(9)-51.401(a)(9) -5, the Plan only will distribute an RMD to the extent that the amount distributed is Vested.

Appears in 1 contract

Samples: Adoption Agreement (Knowles Corp)

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