Life Expectancy. Life expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section 1.72-9 of the Income Tax Regulations. Unless otherwise elected by the Member (or spouse, in the case of distributions described in paragraph (E)(1)(b) above) by the time distributions are required to begin, life expectancies shall be recalculated annually. Such election shall be irrevocable as to the Member (or spouse) and shall apply to all subsequent years. The life expectancy of a nonspouse beneficiary may not be recalculated.
Appears in 7 contracts
Samples: Trust Agreement (Northeast Community Bancorp Inc), Adoption Agreement (Newport Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp)
Life Expectancy. Life expectancy Expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section section 1.72-9 of the Income Tax Regulationsregulations issued under the Code. Unless otherwise elected by the Member Participant (or spouseSpouse, in the case of distributions described in paragraph (E)(1)(b) aboveSection 7.2) by the time distributions are required to begin, life expectancies Life Expectancies shall not be recalculated annually. Such election shall be irrevocable as to the Member (Participant or spouse) Spouse and shall apply to all subsequent years. The life expectancy Life Expectancy of a nonspouse beneficiary Beneficiary may not be recalculated.
Appears in 7 contracts
Samples: Adoption Agreement (Gadzooks Inc), Adoption Agreement (Sterling Financial Corp /Wa/), Adoption Agreement (Tca Cable Tv Inc)
Life Expectancy. Life expectancy and joint and last survivor expectancy are computed by use of using the expected return multiples in Tables V and VI of Treasury Regulation Section 1.72-9 of the Income Tax Regulations9. Unless otherwise elected by the Member Participant (or spouse, in the case of distributions described in paragraph (E)(1)(bunder Section 6.07(E)(2)(b)) above) otherwise elects by the time distributions are required to begincommence, life expectancies shall be are recalculated annually. Such That election shall be is irrevocable as to for the Member Participant (or spouse) and shall apply applies to all subsequent years. The life expectancy of a nonspouse beneficiary Beneficiary may not be recalculated.
Appears in 1 contract
Samples: Kevco Inc
Life Expectancy. Life expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section section 1.72-9 of the Income Tax Regulationsfederal income tax regulations. Unless otherwise elected by the Member participant (or spouse, in the case of distributions described in paragraph (E)(1)(bsection 10.4(b)(2) above) by the time distributions are required to begin, life expectancies shall be recalculated annually. Such election shall be irrevocable as to the Member participant (or spouse) and shall apply to all subsequent years. The life expectancy of a nonspouse beneficiary may not be recalculated.
Appears in 1 contract
Samples: Interpool Inc
Life Expectancy. Life expectancy Expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section section 1.72-9 of the Income Tax Regulationsregulations issued under the Code. Unless otherwise elected by the Member Participant (or spouseSpouse, in the case of distributions described in paragraph (E)(1)(b) aboveSection 7.2) by the time distributions are required to begin, life expectancies . Life Expectancies shall not be recalculated annually. Such election shall be irrevocable as to the Member (Participant or spouse) Spouse and shall apply to all subsequent years. The life expectancy Life Expectancy of a nonspouse beneficiary Beneficiary may not be recalculated.
Appears in 1 contract
Samples: Adoption Agreement (Innerdyne Inc)
Life Expectancy. Life expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section 1.72-9 of the Income Tax Regulationsincome tax regulations. Unless otherwise elected by the Member Participant (or spouse, in the case of distributions described in paragraph (E)(1)(b) Section 5.04B above) by the time distributions are required to begin, life expectancies shall be recalculated annually. Such election shall be irrevocable as to the Member Participant (or spouse) and shall apply to all subsequent years. The life expectancy of a nonspouse beneficiary Beneficiary may not be recalculated.
Appears in 1 contract
Samples: Rushmore Fund Inc
Life Expectancy. Life expectancy Expectancy, and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section 1.72-9 of the Income Tax Regulationsregulations issued under the Code. Unless otherwise elected by the Member Participant (or spouseSpouse, in the case of distributions described in paragraph (E)(1)(b) aboveSection 7.2) by the time distributions are required to begin, life expectancies Life Expectancies shall not be recalculated annually. Such election shall be irrevocable as to the Member (Participant or spouse) Spouse and shall apply to all subsequent years. The life expectancy Life Expectancy of a nonspouse beneficiary Beneficiary may not be recalculated.
Appears in 1 contract
Samples: Adoption Agreement (Labor Ready Inc)
Life Expectancy. Life expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section 1.72-9 of the Income Tax Regulations. Unless otherwise elected by the Member Participant (or spouse, in the case of distributions described in paragraph (E)(1)(bsection 16.04(b)(ii) above) by the time distributions are required to begin, life expectancies shall be recalculated annually. Such election shall be irrevocable as to the Member Participant (or spouse) and shall apply to all subsequent years. The life expectancy of a nonspouse beneficiary may not be recalculated.
Appears in 1 contract
Samples: Trimedyne Inc
Life Expectancy. Life expectancy and joint and last survivor expectancy are computed by use of the expected return multiples in Tables V and VI of Section 1.72-9 of the Income Tax Regulations. Unless otherwise elected by the Member Participant (or spouseSpouse, in the case of distributions described in paragraph Section 14.5.2 (E)(1)(bb) above) by the time distributions are required to begin, life expectancies shall be recalculated annually. Such election shall be irrevocable as to the Member Participant (or spouseSpouse) and shall apply to all subsequent years. The life expectancy of a nonspouse beneficiary Beneficiary may not be recalculated.
Appears in 1 contract
Samples: Greater Bay Bancorp