No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 11 contracts
Samples: Prototype Defined Contribution Plan, Prototype Defined Contribution Plan, Prototype Defined Contribution Plan (1st Constitution Bancorp)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 10 contracts
Samples: Trust Agreement (Nordson Corp), Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott L P)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 10 contracts
Samples: Lsi Industries Inc, Custodial Agreement (Pepsiamericas Inc/Il/), Custodial Agreement (Pepsiamericas Inc/Il/)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 9 contracts
Samples: Employee Stock Ownership Plan (Toro Co), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 7 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Prototype Defined Contribution (Spheris Leasing LLC), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 6 contracts
Samples: And Trust Agreement (Bancfirst Corp /Ok/), And Trust Agreement (Bancfirst Corp /Ok/), For Trust Agreement (Clayton Williams Energy Inc /De)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 4 contracts
Samples: Allegiant Travel CO, Plan Document and Trust Agreement (Stonepath Group Inc), Aceto Corp
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 4 contracts
Samples: Custodial Agreement, content.lincolninvestment.com, Custodial Agreement
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the ParticipantMember’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the ParticipantMember’s death is the quotient obtained by dividing the ParticipantMember’s account balance by the ParticipantMember’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Adoption Agreement (Ottawa Savings Bancorp, Inc.), Adoption Agreement (Sugar Creek Financial Corp), Trust Agreement (Northeast Community Bancorp Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Plan and Trust Agreement (Leggett & Platt Inc), www.pinellascounty.org, ING U.S., Inc.
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s 's account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: ssfcudocs.blob.core.windows.net, ssfcudocs.blob.core.windows.net, advisor.gwnsecurities.com
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Non Standardized (Atlas America Inc), Contribution Plan and Trust (Triad Guaranty Inc), Comstock Resources Inc
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the ParticipantMember’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the ParticipantMember’s death is the quotient obtained by dividing the ParticipantMember’s account balance Account Balance by the ParticipantMember’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 3 contracts
Samples: Trust Agreement (Royal Dutch Shell PLC), Trust Agreement (Royal Dutch Shell PLC), Trust Agreement (Royal Dutch Shell PLC)
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s participant's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s participant's death is the quotient obtained by dividing the Participant’s participant's account balance by the Participant’s participant's remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Southwest Community Bancorp, Community Bancorp
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, then the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), Littelfuse Inc /De
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participantparticipant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participantparticipant’s death is the quotient obtained by dividing the Participantparticipant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan (Guaranty Bancshares Inc /Tx/), First Financial Northwest, Inc.
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account 's Account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan And (Southwest Georgia Financial Corp), Employee Stock Ownership Plan And (Southwest Georgia Financial Corp)
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s date of death who remains a Designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy calculated under the Single Life Table, Table calculated using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: www.placer.ca.gov, www.fortmyersbeachfl.gov
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s Member=s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s Member=s death is the quotient obtained by dividing the Participant’s account Member=s Account balance by the Participant’s Member=s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 2 contracts
Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account 's Account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Pax World Funds
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Agreement (Criimi Mae Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Valuation Account Balance by the Participant’s 's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of the Participant’s death, reduced by one (1) year for each subsequent later year.
Appears in 1 contract
Samples: www.wespath.org
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, . reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Talbots Inc
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, then the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s deathDeath, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Vested Account by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of deathDeath, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Scotts Liquid Gold Inc
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance benefit by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Company Contributions Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will shall be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Account Balance by the Participant’s 's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Chestnut Street Exchange Fund
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will shall be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account 's Account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Savings Plan Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Corvas International Inc
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the calendar year after the calendar year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the calendar 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 under the Single Life Table, using the attained age of the Participant as of the Participant's birthday in the calendar year of death, reduced by one (1) for each subsequent calendar year.
Appears in 1 contract
Samples: Adoption Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Accrued Benefit by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent calendar year.
Appears in 1 contract
Samples: mail.cityoflex.com
No Designated Beneficiary. If the Participant participant dies on or after the date required distributions begin and there is no Designated Beneficiary designated beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participantparticipant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participantparticipant’s death is the quotient obtained by dividing the Participantparticipant’s account balance by the Participantparticipant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: www.theentrustgroup.com
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life 90 Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.. 2)
Appears in 1 contract
Samples: Penske Automotive Group, Inc.
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account balance 's Account Balance by the Participant’s 's remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Scotts Liquid Gold Inc
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year 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 Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Ametek Inc/
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Master Defined Contribution Plan (Southern National Bancorp of Virginia Inc)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year 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 under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant Member dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the ParticipantMember’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the ParticipantMember’s death is the quotient obtained by dividing the ParticipantMember’s account balance by the Participant’s Members remaining life expectancy calculated under the Single Life Table, using the age of the Participant Member in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary designated beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s participant's account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Master Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will shall be distributed for each Distribution Calendar Year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account balance Account Balance by the Participant’s remaining life expectancy Life Expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Retirement Plan and Trust Agreement
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary as of September 30 of the year after the year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s death is the quotient obtained by dividing the Participant’s account Account balance by the Participant’s remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: epc.org
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a Beneficiary "designated Beneficiary" as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year "distribution calendar year" after the year of the Participant’s 's death is the quotient obtained by dividing the "Participant’s 's account balance balance" by the Participant’s 's remaining "life expectancy expectancy" calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: www.mfs.com
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the year after the year of the Participant’s 's death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the year of the Participant’s 's death is the quotient obtained by dividing the Participant’s account 's Company Contributions Account balance by the Participant’s 's remaining life expectancy calculated under the Single Life Table, using the age of the Participant in the year of death, reduced by one (1) for each subsequent year.
Appears in 1 contract
Samples: Employee Stock Ownership Plan And (Third Century Bancorp)
No Designated Beneficiary. If the Participant dies on or after the date required distributions begin and there is no Designated Beneficiary as of the Participant’s death who remains a designated Beneficiary as of September 30 of the calendar year after the calendar year of the Participant’s death, the minimum amount that will be distributed for each Distribution Calendar Year distribution calendar year after the calendar 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 under the Single Life Table, using the attained age of the Participant as of the Participant’s birthday in the calendar year of death, reduced by one (1) for each subsequent calendar year.
Appears in 1 contract
Samples: City And
