Common use of Beneficiaries Clause in Contracts

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX IRA beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX IRA beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX IRA beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX IRA beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX IRA beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXSIMPLE IRA, payments from your Xxxx XXX SIMPLE IRA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXSIMPLE IRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXSIMPLE IRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your SIMPLE IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX SIMPLE IRA beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX SIMPLE IRA at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXSIMPLE IRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX SIMPLE IRA beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX SIMPLE IRA beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX SIMPLE IRA beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX SIMPLE IRA beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX SIMPLE IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX SIMPLE IRA owner take total distribution of all Xxxx XXX SIMPLE IRA assets by December 31 of the year following the year of death.

Beneficiaries. Unless indicated otherwise on the application, the responsible individual may not change the designated beneficiary. If you die before you receive all the depositor has indicated on the application that the responsible individual may change the beneficiary designated under this agreement and the responsible individual chooses to do so, the responsible individual must designate a member of the amounts family (as defined in your Xxxx XXX, payments from your Xxxx XXX will IRC Section 529(e)(2)) of the existing designated beneficiary. This designation can only be made to your beneficiarieson a form prescribed by the custodian. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You The depositor or responsible individual may designate one or more persons or entities as beneficiary death beneficiaries of your Xxxx XXXthis Xxxxxxxxx ESA. This designation can only be made on a form provided by or acceptable to usthe custodian, and it will only be effective when it is filed with us the custodian during your lifetimethe lifetime of the designated beneficiary. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us custodian will cancel all previous designations. The consent of a successor death beneficiary will not be required for the original Xxxx XXX beneficiary in order to revoke a successor death beneficiary designation. If both primary and contingent death beneficiaries have been named, and no primary death beneficiary survives the original Xxxx XXX beneficiary does not designate a successor designated beneficiary, his the contingent death beneficiaries will acquire the designated share of this Xxxxxxxxx ESA. If a death beneficiary is not designated with respect to this Xxxxxxxxx ESA, or her if all of the primary and contingent death beneficiaries predecease the designated beneficiary, the designated beneficiary’s estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX death beneficiary. If we so choosethe designated beneficiary dies before receiving all of the amounts in this Xxxxxxxxx ESA, the custodian will have no obligation to pay to the death beneficiaries until such time the custodian is notified of the designated beneficiary’s death by receiving a valid death certificate. Any balance remaining in the Xxxxxxxxx ESA upon the death of the designated beneficiary will be distributed within 30 days of the designated beneficiary’s death, unless a qualified family member under age 30 is named as a death beneficiary. If the death beneficiary is a qualified family member under age 30, that individual will become the designated beneficiary as of the original designated beneficiary’s date of death. Qualified family members are defined in IRC Section 529(e)(2). The custodian may, for any reason (e.g., due to limitations of our its charter or bylaws), we may require that a qualified family member who becomes the designated beneficiary of to take a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets the Xxxxxxxxx ESA by December 31 of the year following the year of the original designated beneficiary’s death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your XXX as his or her own. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXHSA, payments from your Xxxx XXX HSA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXHSA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXHSA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse acquires the interest in this HSA by reason of being the beneficiary at your death, this HSA (or in accordance with rules established by the IRS, the relevant portion thereof) will be treated as if the surviving spouse is the designated beneficiaryaccount owner. If the beneficiary is not your spouse, the HSA (or in accordance with rules established by the IRS, the relevant portion thereof) will cease to be an HSA as of the date of your spouse may elect death. Upon learning of your death, we may, in our complete and sole discretion, make a final distribution to treat a beneficiary (other than your Xxxx XXX as spouse) of his or her own Xxxx XXX, and would not be subject to interest in the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXHSA. This designation can only distribution may be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during without the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form consent and may be placed in an interest-bearing (or similar) account that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all Following the death of the amounts Participant, the balance of the Participant’s Custodial Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in your Xxxx XXXaccordance with the provisions of Article IV of the Plan and in accordance with the Custodian’s administrative or operational requirements and regular business practices. A Participant may designate a Beneficiary or Beneficiaries of the Custodial Account at any time, payments from your Xxxx XXX and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such designation, change, or revocation shall control. If there is no Beneficiary designation on file with the Custodian, or if the designated Beneficiary has not survived the Participant, the Custodian shall distribute the Custodial Account to the survivors of the Participant in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to your beneficiariesthe surviving Beneficiary or Beneficiaries in equal shares. We have no obligation to pay to your beneficiaries until such time we are notified of your death Unless otherwise designated by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on the Participant in a form provided by or and manner acceptable to usthe Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the Account will be divided equally among the surviving Beneficiary or Beneficiaries. Unless otherwise designated by the Participant in a form and it will only be effective when it manner acceptable to the Custodian, if there is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary Beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX Beneficiaries living at the time of your the Participant’s death) to name successor beneficiaries for , payment of the inherited Xxxx XXX. This designation can only Participant’s Account upon his or her death will be made on to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. Unless otherwise specified in the Participant’s Designation of Beneficiary, if a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary Beneficiary does not designate a successor beneficiarypredecease the Participant but dies before receiving his or her entire interest in the Custodial Account, his or her estate will remaining interest in the Custodial Account shall be paid to the successor beneficiary. In no event will Beneficiary or Beneficiaries designated by the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiarydeceased Beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 there is no Beneficiary designation of the year deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Custodial Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate If the year Custodian is unable to make a distribution to a Participant, a Beneficiary, or other distributee because the Custodian cannot ascertain such distributee’s whereabouts by writing to the last known mailing address shown on the Custodian’s records, if any, the Custodian may hold the proceeds in a noninterest- bearing account until such funds escheat by operation of deathlaw. The Beneficiary or Beneficiaries are responsible to ensure that distributions are made in accordance with the provisions of Article IV of the Plan.

Beneficiaries. If you die before you receive all Following the death of the amounts Participant, the balance of the Participant’s Custodial Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in your Xxxx XXXaccordance with the provisions of Article IV of the Plan and in accordance with the Custodian’s administrative or operational requirements and regular business practices. A Participant may designate a Beneficiary or Beneficiaries of the Custodial Account at any time, payments from your Xxxx XXX and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be effective only upon receipt by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such designation, change, or revocation shall control. If there is no Beneficiary designation on file with the Custodian, or if the designated Beneficiary has not survived the Participant, the Custodian shall distribute the Custodial Account to the survivors of the Participant in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to your beneficiariesthe surviving Beneficiary or Beneficiaries in equal shares. We have no obligation to pay to your beneficiaries until such time we are notified of your death Unless otherwise designated by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on the Participant in a form provided by or and manner acceptable to usthe Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the Account will be divided equally among the surviving Beneficiary or Beneficiaries. Unless otherwise designated by the Participant in a form and it will only be effective when it manner acceptable to the Custodian, if there is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary Beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX Beneficiaries living at the time of your the Participant’s death) to name successor beneficiaries for , payment of the inherited Xxxx XXX. This designation can only Participant’s Account upon his or her death will be made on to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. Unless otherwise specified in the Participant’s Designation of Beneficiary, if a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary Beneficiary does not designate a successor beneficiarypredecease the Participant but dies before receiving his or her entire interest in the Custodial Account, his or her estate will remaining interest in the Custodial Account shall be paid to the successor beneficiary. In no event will Beneficiary or Beneficiaries designated by the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiarydeceased Beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 there is no Beneficiary designation of the year deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Custodial Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate If the year Custodian is unable to make a distribution to a Participant, a Beneficiary, or other distributee because the Custodian cannot ascertain such distributee’s whereabouts by writing to the last known mailing address shown on the Custodian’s records, if any, the Custodian may hold the proceeds in a noninterest-bearing account until such funds escheat by operation of deathlaw. The Beneficiary or Beneficiaries are responsible to ensure that distributions are made in accordance with the provisions of Article IV of the Plan.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiariesbeneficiary(ies). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificatedeathcertificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each Unless otherwise specified each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries beneficiary(ies) will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries beneficiary(ies) will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate spouse will be the beneficiary. If , or if there is no spouse living at the time of your surviving spouse is the designated beneficiarydeath, your estate will be thebeneficiary. A spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your XXX as his or her own. If the beneficiary designated to receive payments hereunder is a minor or person of unsound mind, whether so formally adjudicated or not, we may, at our discretion, make such payments to such person as may be acting as parent, guardian, committee, conservator, trustee or legal representative of such minor or incompetent and the receipt by any such person as selected by us shall be a full and complete discharge of us for any sums so paid. We reserve the right to, at our discretion, deposit funds in a special savings account established in our name as Custodian for a beneficiary when within six months after any payment is due because we cannot ascertain the whereabouts on our records, and such beneficiary has not submitted a written claim for such payment before the expiration of said six-month period. We may allow, if permitted by state law, an original Xxxx XXX beneficiary beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries beneficiary(ies) for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s beneficiary’s(ies’) lifetime. Each Unless it is otherwise specified, each beneficiary designation form that the original Xxxx XXX beneficiary beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary beneficiary(ies) will not be required for the original Xxxx XXX beneficiary beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will the successor beneficiary beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX IRA beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX IRA beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX IRA beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX IRA beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX IRA beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take a total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death. Alternatively, the beneficiary may transfer the assets to a successor trustee or custodian.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all If, at the time of your primary and contingent beneficiaries predecease death, either (i) no such designation is in effect or (ii) there is no beneficiary who survives you, your estate will the beneficiary shall be the beneficiary. If your surviving spouse or, if there is no surviving spouse, then your estate. The last designation received and accepted by the designated beneficiaryCustodian prior to your death (the “designation of record”) shall be controlling and, whether or not it fully disposes of the custodial account, shall revoke all other such designations previously mad by you and received by the Custodian. If the designation of record on file with the Custodian does not appear to fully dispose of the custodial account, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse or, if there is no surviving spouse, then your estate shall be the beneficiary of any undisposed of portion of the custodial account or of any portion of the custodial account for which the identity of the beneficiary is, in the opinion of the Custodian, unclear. A spouse beneficiary will also be entitled to such additional beneficiary payment options have all rights as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX IRA beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX IRA beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX IRA beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX IRA beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX IRA beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take a total distribution of all Xxxx XXX assets by December 31 of the year following the year of death. Alternatively, the beneficiary may transfer the assets to a successor trustee or custodian.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXHSA, payments from your Xxxx XXX HSA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXHSA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXHSA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse acquires the interest in this HSA by reason of being the beneficiary at your death, this HSA (or in accordance with rules established by the IRS, the relevant portion thereof) will be treated as if the surviving spouse is the designated beneficiaryaccount owner. If the beneficiary is not your spouse, the HSA (or in accordance with rules established by the IRS, the relevant portion thereof) will cease to be an HSA as of the date of your spouse may elect death. Upon learning of your death, we may, in our complete and sole discretion, make a final distribution to treat a beneficiary (other than your Xxxx XXX as spouse) of his or her own Xxxx XXX, and would not be subject to interest in the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXHSA. This designation can only distribution may be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during without the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form consent and may be placed in an interest‐bearing (or similar) account that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all Following the death of the amounts Participant, the balance of the Participant’s Custodial Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in your Xxxx XXXaccordance with the provisions of Article IV of the Plan and in accordance with the Custodian’s administrative or operational requirements and regular business practices. A Participant may designate a Beneficiary or Beneficiaries of the Custodial Account at any time, payments from your Xxxx XXX and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be etfective only upon receipt by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such designation, change, or revocation shall control. If there is no Beneficiary designation on file with the Custodian, or if the designated Beneficiary has not survived the Participant, the Custodian shall distribute the Custodial Account to the survivors of the Participant in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries are entitled, payment will be made to your beneficiariesthe surviving Beneficiary or Beneficiaries in equal shares. We have no obligation to pay to your beneficiaries until such time we are notified of your death Unless otherwise designated by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on the Participant in a form provided by or and manner acceptable to usthe Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the Account will be divided equally among the surviving Beneficiary or Beneficiaries. Unless otherwise designated by the Participant in a form and it will only be effective when it manner acceptable to the Custodian, if there is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary Beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX Beneficiaries living at the time of your the Participant’s death) to name successor beneficiaries for , payment of the inherited Xxxx XXX. This designation can only Participant’s Account upon his or her death will be made on to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. Unless otherwise specified in the Participant’s Designation of Beneficiary, if a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary Beneficiary does not designate a successor beneficiarypredecease the Participant but dies before receiving his or her entire interest in the Custodial Account, his or her estate will remaining interest in the Custodial Account shall be paid to the successor beneficiary. In no event will Beneficiary or Beneficiaries designated by the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiarydeceased Beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 there is no Beneficiary designation of the year deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Custodial Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate If the year Custodian is unable to make a distribution to a Participant, a Beneficiary, or other distributee because the Custodian cannot ascertain such distributee’s whereabouts by writing to the last known mailing address shown on the Custodian’s records, if any, the Custodian may hold the proceeds in a noninterest- bearing account until such funds escheat by operation of deathlaw. The Beneficiary or Beneficiaries are responsible to ensure that distributions are made in accordance with the provisions of Article IV of the Plan.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, if applicable, your living spouse will be your beneficiary. If you do not have a living spouse, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiariesbeneficiary(ies). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries beneficiary(ies) will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries beneficiary(ies) will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your spouse will be the beneficiary, or if there is no spouse living at the time of your death, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. If the beneficiary designated to receive payments hereunder is a minor or person of unsound mind, whether so formally adjudicated or not, we may, at our discretion, make such payments to such person as may be acting as parent, guardian, committee, conservator, trustee or legal representative of such minor or incompetent and the receipt by any such person as selected by us shall be a full and complete discharge of us for any sums so paid. We reserve the right to, at our discretion, deposit funds in a special savings account established in our name as Custodian for a beneficiary when within six months after any payment is due because we cannot ascertain the whereabouts on our records, and such beneficiary has not submitted a written claim for such payment before the expiration of said six-month period. We may allow, if permitted by state law, an original Xxxx XXX beneficiary IRA beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries beneficiary(ies) for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s IRA beneficiary’s(ies’) lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary IRA beneficiary(ies) files with us will cancel all previous designations. The consent of a successor beneficiary beneficiary(ies) will not be required for the original Xxxx XXX beneficiary IRA beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary IRA beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will the successor beneficiary beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death.

Beneficiaries. The Owner(s) name(s) a Beneficiary or Beneficiaries in the application, and can change Beneficiaries later. If you all the Owners die before you the Annuity Date, we will pay the Contract Value, less any applicable taxes, to the Beneficiary or Beneficiaries who survive all the Owners. If a Beneficiary survives all the Owners but does not live long enough to receive all payment from us, we will pay the Beneficiary's estate. For a Contract owned by a trust, the trust must be named as the sole Beneficiary. Owner(s) must indicate in percentages what portion of the amounts in your Xxxx XXXContract each Beneficiary is to receive. If the total does not equal 100%, payments from your Xxxx XXX each Beneficiary's share will be made to your beneficiariesdetermined by using a fraction, the numerator of which is the stated percentage for that Beneficiary, and the denominator of which is the total of the percentages indicated by the Owner(s). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only Beneficiary designations must be made on in a form provided by or acceptable to us. We reserve the right to reject any Beneficiary designation that we deem to be unadministerable, and it will only be effective when it is filed with such as "per stirpes", which may include designations that contain contingencies that could delay payment or designations that would require us during your lifetimeto refer to external documents or the outcome of legal proceedings. Each beneficiary designation you file with us will cancel After the death of all previous designations. The consent of your beneficiaries will not be required for you the Owners, each Beneficiary has the right to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated withdraw their share of your Xxxx XXXthe Contract Value, as detailed below. If you do not designate Before we make a beneficiary or payment to any Beneficiary, we must receive at our Annuity Service Center due proof of death (generally a death certificate) for each Owner and any required tax withholding and other forms. We may seek to obtain a death certificate directly from the appropriate governmental body if we believe that any Owner may have died. At the close of the Valuation Period in which we receive the death certificate(s), we will transfer any portion of the Contract Value that is in the Investment Options to the Money Market Investment Option. Once we have determined the number of Beneficiaries who will share in the Contract Value, a Beneficiary who has returned all of your primary required documentation to us (including tax withholding and contingent beneficiaries predecease you, your estate other forms) will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect able to treat your Xxxx XXX as transfer his or her own Xxxx XXX, and would not be subject to share of the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under Contract Value among the Code or applicable regulationsInvestment Options. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (will not pay any Beneficiary until we have determined the beneficiary who is number of Beneficiaries entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXpayment. This designation can only is to prevent us from overpaying one Beneficiary before making payment to other Beneficiaries. Once we have received due proof of death and have determined the number of Beneficiaries to be made paid, we will, upon written request received at our Annuity Service Center, pay any Beneficiary who has provided us with required tax withholding and other forms. We will then have no further obligations to that Beneficiary. If a Beneficiary has been designated to receive a specified fraction of the Contract Value, we will pay that fraction as determined on a form provided by or acceptable the date of payment. For example, if there are two Beneficiaries and each is designated to usreceive 50%, the first Beneficiary to receive payment would receive 50% of the Contract Value on the date the payment is made, and it will only the other Beneficiary would later receive the remainder, which might be effective when it is filed with us during worth more or less than what was paid to the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of deathfirst Beneficiary.

Beneficiaries. The Owner(s) name(s) a Beneficiary or Beneficiaries in the application, and can change Beneficiaries later. If you all the Owners die before you the Annuity Date, we will pay the Contract Value, less any applicable taxes, to the Beneficiary or Beneficiaries who survive all the Owners. If a Beneficiary survives all the Owners but does not live long enough to receive all payment from us, we will pay the Beneficiary's estate. For a Contract owned by a trust, the trust must be named as the sole Beneficiary. Owner(s) must indicate in percentages what portion of the amounts in your Xxxx XXXContract each Beneficiary is to receive. If the total does not equal 100%, payments from your Xxxx XXX each Beneficiary's share will be made to your beneficiariesdetermined by using a fraction, the numerator of which is the stated percentage for that Beneficiary, and the denominator of which is the total of the percentages indicated by the Owner(s). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only Beneficiary designations must be made on in a form provided by or acceptable to us. After the death of all the Owners, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you each Beneficiary has the right to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated withdraw their share of your Xxxx XXXthe Contract Value, as detailed below. If you do not designate Before we make a beneficiary or payment to any Beneficiary, we must receive at our Annuity Service Center due proof of death (generally a death certificate) for each Owner and any required tax withholding and other forms. We may seek to obtain a death certificate directly from the appropriate governmental body if we believe that any Owner may have died. At the close of the Valuation Period in which we receive the death certificate(s), we will transfer any portion of the Contract Value that is in the Investment Options to the Money Market Investment Option. Once we have determined the number of Beneficiaries who will share in the Contract Value, a Beneficiary who has returned all of your primary required documentation to us (including tax withholding and contingent beneficiaries predecease you, your estate other forms) will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect able to treat your Xxxx XXX as transfer his or her own Xxxx XXX, and would not be subject to share of the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under Contract Value among the Code or applicable regulationsInvestment Options. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (will not pay any Beneficiary until we have determined the beneficiary who is number of Beneficiaries entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXpayment. This designation can only is to prevent us from overpaying one Beneficiary before making payment to other Beneficiaries. Once we have received due proof of death and have determined the number of Beneficiaries to be made paid, we will, upon written request received at our Annuity Service Center, pay any Beneficiary who has provided us with required tax withholding and other forms. We will then have no further obligations to that Beneficiary. If a Beneficiary has been designated to receive a specified fraction of the Contract Value, we will pay that fraction as determined on a form provided by or acceptable the date of payment. For example, if there are two Beneficiaries and each is designated to usreceive 50%, the first Beneficiary to receive payment would receive 50% of the Contract Value on the date the payment is made, and it will only the other Beneficiary would later receive the remainder, which might be effective when it is filed with us during worth more or less than what was paid to the original Xxxx XXX beneficiary’s lifetimefirst Beneficiary. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.EDVA-2005

Beneficiaries. Unless indicated otherwise on the application, the responsible individual may not change the designated beneficiary. If you die before you receive all the depositor has indicated on the application that the responsible individual may change the beneficiary designated under this agreement and the responsible individual chooses to do so, the responsible individual must designate a member of the amounts family (as defined in your Xxxx XXX, payments from your Xxxx XXX will IRC Section 529(e)(2)) of the existing designated beneficiary. This designation can only be made to your beneficiarieson a form prescribed by the custodian. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You The depositor or responsible individual may designate one or more persons or entities as beneficiary death beneficiaries of your Xxxx XXXthis Xxxxxxxxx ESA. This designation can only be made on a form provided by or acceptable to usthe custodian, and it will only be effective when it is filed with us the custodian during your lifetimethe lifetime of the designated beneficiary. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us custodian will cancel all previous designations. The consent of a successor death beneficiary will not be required for the original Xxxx XXX beneficiary in order to revoke a successor death beneficiary designation. If both primary and contingent death beneficiaries have been named, and no primary death beneficiary survives the original Xxxx XXX beneficiary does not designate a successor designated beneficiary, his the contingent death beneficiaries will acquire the designated share of this Xxxxxxxxx ESA. If a death beneficiary is not designated with respect to this Xxxxxxxxx ESA, or her if all of the primary and contingent death beneficiaries predecease the designated beneficiary, the designated beneficiary’s estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX death beneficiary. If we so choosethe designated beneficiary dies before receiving all of the amounts in this Xxxxxxxxx ESA, the custodian will have no obligation to pay to the death beneficiaries until such time the custodian is notified of the designated beneficiary’s death by receiving a valid death certificate. Any balance remaining in the Xxxxxxxxx ESA Form 5305-EA under section 530 of the Internal Revenue Code. upon the death of the designated beneficiary will be distributed within 30 days of the designated beneficiary’s death, unless a qualified family member under age 30 is named as a death beneficiary. If the death beneficiary is a qualified family member under age 30, that individual will become the designated beneficiary as of the original designated beneficiary’s date of death. Qualified family members are defined in IRC Section 529(e)(2). The custodian may, for any reason (e.g., due to limitations of our its charter or bylaws), we may require that a qualified family member who becomes the designated beneficiary of to take a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets the Xxxxxxxxx ESA by December 31 of the year following the year of the original designated beneficiary’s death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary benefi- ciary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective ef- fective when it is filed with us during your lifetime. Each Unless oth- erwise specified, each beneficiary designation you file with us will cancel all previous designationsones. The consent of your beneficiaries will a beneficiary(ies) shall not be required for you to revoke a beneficiary designationdesigna- tion. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries will beneficiary(ies) shall acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary beneficiary, or if all of your primary and contingent beneficiaries beneficiary(ies) predecease you, your estate will be the beneficiary. If your surviving A spouse is beneficiary shall have all rights as granted under the designated beneficiary, your spouse may elect Code or applicable Regulations to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsown. We may allow, if permitted by state law, an original Xxxx XXX beneficiary beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions distribution(s) from an inherited Xxxx XXX at the time of your death) to name a successor beneficiaries beneficiary(ies) for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s beneficiary’s(ies’) lifetime. Each Unless otherwise specified, each beneficiary designation form that the original Xxxx XXX beneficiary beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary will beneficiary(ies) shall not be required for the original Xxxx XXX beneficiary beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will shall the successor beneficiary beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so chooseThe minor shall be deemed to be a minor until such Benefi- ciary reaches 1) the age of majority under the law of the state of the minor’s domicile or 2) a later age for termination of minor status, for any reason (e.g.if state law allows, due but in no event later than age 25, as designated by the Investor in the Beneficiary designa- tion accepted by the Custodian. Minors are not legally able to limitations of our charter or bylaws)sign contracts, we may require that a beneficiary of a deceased including ac- count agreements to open an Inherited Beneficiary Xxxx XXX owner take total distribution of all account. If you fail to name an UTMA custodian, then a Legal Guardian, Conservator, or other legal representative will have to be appointed by the appropriate court. The appropriate court-appointed representative would then have the right to act as the guardian/custodian for the minor and open the Inherited Beneficiary Xxxx XXX assets XXX. Please seek competent legal advice before making such a designation. by December 31 representation (Xxx Xxxxxxx). The shares distributable to descendants under a per stirpes beneficiary designation shall be determined by the law of the year following state of the year account owner’s residence at the time of the account owner’s death.. Stifel, in its sole discretion, may determine not to make a distribution

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all If, at the time of your primary and contingent beneficiaries predecease death, either (i) no such designation is in effect or (ii) there is no beneficiary who survives you, the beneficiary shall be your surviving spouse or, if there is no surviving spouse, then your estate. The last designation received and accepted by the Custodian prior to your death (the “designation of record”) shall be controlling and, whether or not it fully disposes of the custodial account, shall revoke all other such designations previously mad by you and received by the Custodian. If the designation of record on file with the Custodian does not appear to fully dispose of the custodial account, your surviving spouse or, if there is no surviving spouse, then your estate will shall be the beneficiarybeneficiary of any undisposed of portion of the custodial account or of any portion of the custodial account for which the identity of the beneficiary is, in the opinion of the Custodian, unclear. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx SIMPLE XXX, payments from your Xxxx SIMPLE XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx SIMPLE XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx SIMPLE XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your SIMPLE XXX as his or her own. We may allow, if permitted by state law, an original Xxxx SIMPLE XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx SIMPLE XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx SIMPLE XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx SIMPLE XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx SIMPLE XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx SIMPLE XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx SIMPLE XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx SIMPLE XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx SIMPLE XXX owner take total distribution of all Xxxx SIMPLE XXX assets by December 31 of the year following the year of death.

Beneficiaries. The Owner(s) name(s) a Beneficiary or Beneficiaries in the application, and can change Beneficiaries later. If you all the Owners die before you the Annuity Date, we will pay the Contract Value, less any applicable taxes, to the Beneficiary or Beneficiaries who survive all the Owners. If a Beneficiary survives all the Owners but does not live long enough to receive all payment from us, we will pay the Beneficiary's estate. For a Contract owned by a trust, the trust must be named as the sole Beneficiary. Owner(s) must indicate in percentages what portion of the amounts in your Xxxx XXXContract each Beneficiary is to receive. If the total does not equal 100%, payments from your Xxxx XXX each Beneficiary's share will be made to your beneficiariesdetermined by using a fraction, the numerator of which is the stated percentage for that Beneficiary, and the denominator of which is the total of the percentages indicated by the Owner(s). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only Beneficiary designations must be made on in a form provided by or acceptable to us. We reserve the right to reject any Beneficiary designation that we deem to be unadministerable, and it will only be effective when it is filed with such as "per stirpes", which may include designations that contain contingencies that could delay payment or designations that would require us during your lifetimeto refer to external documents or the outcome of legal proceedings. Each beneficiary designation you file with us will cancel After the death of all previous designations. The consent of your beneficiaries will not be required for you the Owners, each Beneficiary has the right to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated withdraw their share of your Xxxx XXXthe Contract Value, as detailed below. If you do not designate Before we make a beneficiary or payment to any Beneficiary, we must receive at our Annuity Service Center due proof of death (generally a death certificate) for each Owner and any required tax withholding and other forms. We may seek to obtain a death certificate directly from the appropriate governmental body if we believe that any Owner may have died.DVA-2005 At the close of the Valuation Period in which we receive the death certificate(s), we will transfer any portion of the Contract Value that is in the Investment Options to the Money Market Investment Option. Once we have determined the number of Beneficiaries who will share in the Contract Value, a Beneficiary who has returned all of your primary required documentation to us (including tax withholding and contingent beneficiaries predecease you, your estate other forms) will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect able to treat your Xxxx XXX as transfer his or her own Xxxx XXX, and would not be subject to share of the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under Contract Value among the Code or applicable regulationsInvestment Options. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (will not pay any Beneficiary until we have determined the beneficiary who is number of Beneficiaries entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXpayment. This designation can only is to prevent us from overpaying one Beneficiary before making payment to other Beneficiaries. Once we have received due proof of death and have determined the number of Beneficiaries to be made paid, we will, upon written request received at our Annuity Service Center, pay any Beneficiary who has provided us with required tax withholding and other forms. We will then have no further obligations to that Beneficiary. If a Beneficiary has been designated to receive a specified fraction of the Contract Value, we will pay that fraction as determined on a form provided by or acceptable the date of payment. For example, if there are two Beneficiaries and each is designated to usreceive 50%, the first Beneficiary to receive payment would receive 50% of the Contract Value on the date the payment is made, and it will only the other Beneficiary would later receive the remainder, which might be effective when it is filed with us during worth more or less than what was paid to the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of deathfirst Beneficiary.DVA-2005

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiariesbeneficiary(ies). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each Unless otherwise specified each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries beneficiary(ies) will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries beneficiary(ies) will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your spouse will be the beneficiary, or if there is no spouse living at the time of your death, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. If the beneficiary designated to receive payments hereunder is a minor or person of unsound mind, whether so formally adjudicated or not, we may, at our discretion, make such payments to such person as may be acting as parent, guardian, committee, conservator, trustee or legal representative of such minor or incompetent and the receipt by any such person as selected by us shall be a full and complete discharge of us for any sums so paid. We reserve the right to, at our discretion, deposit funds in a special savings account established in our name as Custodian for a beneficiary when within six months after any payment is due because we cannot ascertain the whereabouts on our records, and such beneficiary has not submitted a written claim for such payment before the expiration of said six-month period. We may allow, if permitted by state law, an original Xxxx XXX beneficiary IRA beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries beneficiary(ies) for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s IRA beneficiary’s(ies’) lifetime. Each Unless it is otherwise specified, each beneficiary designation form that the original Xxxx XXX beneficiary IRA beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary beneficiary(ies) will not be required for the original Xxxx XXX beneficiary IRA beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary IRA beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will the successor beneficiary beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXSIMPLE IRA, payments from your Xxxx XXX SIMPLE IRA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXSIMPLE IRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXSIMPLE IRA. If you do not designate a beneficiary or if all If, at the time of your primary and contingent beneficiaries predecease death, either (i) no such designation is in effect or (ii) there is no beneficiary who survives you, your estate will the beneficiary shall be the beneficiary. If your surviving spouse or, if there is no surviving spouse, then your estate. The last designation received and accepted by the designated beneficiaryCustodian prior to your death (the “designation of record”) shall be controlling and, whether or not it fully disposes of the custodial account, shall revoke all other such designations previously mad by you and received by the Custodian. If the designation of record on file with the Custodian does not appear to fully dispose of the custodial account, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse or, if there is no surviving spouse, then your estate shall be the beneficiary of any undisposed of portion of the custodial account or of any portion of the custodial account for which the identity of the beneficiary is, in the opinion of the Custodian, unclear. A spouse beneficiary will also be entitled to such additional beneficiary payment options have all rights as are granted under the Code or applicable regulationsregulations to treat your SIMPLE IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX SIMPLE IRA beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX SIMPLE IRA at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXSIMPLE IRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX SIMPLE IRA beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX SIMPLE IRA beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX SIMPLE IRA beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX SIMPLE IRA beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX SIMPLE IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX SIMPLE IRA owner take total distribution of all Xxxx XXX SIMPLE IRA assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with and accepted by us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. If you designate your spouse as a beneficiary, your designation will automatically be void upon the dissolution of your marriage by divorce or annulment. Upon your death, we will pay your IRA as if your ex-spouse predeceased you, unless the decree of divorce or other legal document dissolving your marriage designates your spouse as a beneficiary and a copy of that document is provided to us prior to our distribution of your IRA. If you want to continue to designate your ex-spouse as a beneficiary of your IRA, you must file a new beneficiary designation with us, dated after the date of dissolution of your marriage, designating your ex-spouse as beneficiary. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with and accepted by us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death. written notice to the other. We can resign as custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your Xxxx XXX to another financial organization. If you do not complete a transfer of your Xxxx XXX within 30 days from the date we send the notice to you, we have the right to transfer your Xxxx XXX assets to a successor Xxxx XXX trustee or custodian that we choose in our sole discretion, or we may pay your Xxxx XXX to you in a single sum. We will not be liable for any actions or failures to act on the part of any successor trustee or custodian, nor for any tax consequences you may incur that result from the transfer or distribution of your assets pursuant to this section. If this agreement is terminated, we may charge to your Xxxx XXX a reasonable amount of money that we believe is necessary to cover any associated costs, including but not limited to one or more of the following. • Any fees, expenses, or taxes chargeable against your Xxxx XXX • Any penalties or surrender charges associated with the early withdrawal of any savings instrument or other investment in your Xxxx XXX If we are a nonbank custodian required to comply with Regulations section 1.408-2(e) and we fail to do so or we are not keeping the records, making the returns, or sending the statements as are required by forms or regulations, the IRS may require us to substitute another trustee or custodian. We may establish a policy requiring distribution of the entire balance of your Xxxx XXX to you in cash or property if the balance of your Xxxx XXX drops below the minimum balance required under the applicable investment or policy established.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation Note: Account Proceeds and Securities will be distributed proportionately in kind to pay the beneficiaries according to your beneficiaries until such time we are notified their respective interests. Stifel reserves the right to liquidate so much of your death by receiving a valid death certificateany security that cannot be divided exactly in the proportion set forth in the Beneficiary Designation Form. You may designate one or more persons or entities as beneficiary benefi- ciary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective ef- fective when it is filed with us during your lifetime. Each Unless oth- erwise specified, each beneficiary designation you file with us will cancel all previous designationsones. The consent of your beneficiaries will a beneficiary(ies) shall not be required for you to revoke a beneficiary designationdesigna- tion. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries will beneficiary(ies) shall acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary beneficiary, or if all of your primary and contingent beneficiaries beneficiary(ies) predecease you, your estate will be the beneficiary. If your surviving A spouse is beneficiary shall have all rights as granted under the designated beneficiary, your spouse may elect Code or applicable Regulations to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsown. We may allow, if permitted by state law, an original Xxxx XXX beneficiary beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions distribution(s) from an inherited Xxxx XXX at the time of your death) to name a successor beneficiaries beneficiary(ies) for the inherited Xxxx XXX. This designation can only be made on a form provided pro- vided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s beneficiary’s(ies’) lifetime. Each Unless otherwise specified, each beneficiary designation desig- nation form that the original Xxxx XXX beneficiary beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary will beneficiary(ies) shall not be required for the original Xxxx XXX beneficiary beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will shall the successor beneficiary succes- sor beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. The minor shall be deemed to be a minor until such Benefi- ciary reaches 1) the age of majority under the law of the state of the minor’s domicile or 2) a later age for termination of minor status, if state law allows, but in no event later than age 25, as designated by the Investor in the Beneficiary designa- tion accepted by the Custodian. Minors are not legally able to sign contracts, including ac- count agreements to open an Inherited Beneficiary Xxxx XXX account. If we so chooseyou fail to name an UTMA custodian, then a Legal Guardian, Conservator, or other legal representative will have to be appointed by the appropriate court. The appropriate court-appointed representative would then have the right to act as the guardian/ custodian for any reason the minor and open the Inherited Beneficiary Xxxx XXX. Please seek competent legal advice before making such a designation. by representation (Xxx Xxxxxxx). The shares distributable to descendants under a per stirpes beneficiary designation shall be determined by the law of the state of the account owner’s residence at the time of the account owner’s death. Stifel, in its sole discretion, may determine not to make a distribution of the account to per stirpes or other unnamed beneficiaries unless and until Stifel has been instructed by the deceased account owner’s court-appointed personal representative (e.g., due executor, administrator) regarding the persons entitled to limitations receive per stirpes distribution and their respective shares. The account owner agrees, on behalf of our charter himself or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.herself

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiariesbeneficiary(ies). We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each Unless otherwise specified each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries beneficiary(ies) will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries beneficiary(ies) will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your spouse will be the beneficiary, or if there is no spouse living at the time of your death, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. If the beneficiary designated to receive payments hereunder is a minor or person of unsound mind, whether so formally adjudicated or not, we may, at our discretion, make such payments to such person as may be acting as parent, guardian, committee, conservator, trustee or legal representative of such minor or incompetent and the receipt by any such person as selected by us shall be a full and complete discharge of us for any sums so paid. We reserve the right to, at our discretion, deposit funds in a special savings account established in our name as Custodian for a beneficiary when within six months after any payment is due because we cannot ascertain the whereabouts on our records, and such beneficiary has not submitted a written claim for such payment before the expiration of said six-month period. We may allow, if permitted by state law, an original Xxxx XXX beneficiary IRA beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries beneficiary(ies) for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s IRA beneficiary's(ies') lifetime. Each Unless it is otherwise specified, each beneficiary designation form that the original Xxxx XXX beneficiary IRA beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary beneficiary(ies) will not be required for the original Xxxx XXX beneficiary IRA beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary IRA beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will the successor beneficiary beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiaryIRAbeneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXHSA, payments from your Xxxx XXX HSA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXHSA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXHSA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse acquires the interest in this HSA by reason of being the beneficiary at your death, this HSA (or in accordance with rules established by the IRS, the relevant portion thereof) will be treated as if the surviving spouse is the designated beneficiaryaccount owner. If the beneficiary is not your spouse, the HSA (or in accordance with rules established by the IRS, the relevant portion thereof) will cease to be an HSA as of the date of your spouse may elect death. Upon learning of your death, we may, in our complete and sole discretion, make a final distribution to treat a beneficiary (other than your Xxxx XXX as spouse) of his or her own Xxxx XXX, and would not be subject to interest in the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXHSA. This designation can only distribution may be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during without the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form consent and may be placed in an interest−bearing (or similar) account that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If At the time of your death, if you do have not designate designated a beneficiary or if all of your primary and contingent beneficiaries predecease youbeneficiary is not alive, your estate the death benefit will be paid in the beneficiaryfollowing order of priority to (1) Your surviving spouse, (2) Your children, including adopted children in equal shares (and if a child is not living, that child's share will be distributed to that child's living descendants), (3) Your surviving parents, in equal shares or (4) Your estate. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX at the time of your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If At the time of their death, if the original Xxxx XXX beneficiary does not designate have a successor beneficiarydesignated beneficiary or the beneficiary is not alive, his or her estate the death benefit will be paid in the successor beneficiaryfollowing order of priority to (1) Your surviving spouse, (2) Your children, including adopted children in equal shares (and if a child is not living, that child's share will be distributed to that child's living descendants), (3) Your surviving parents, in equal shares or (4) Your estate. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. The XXX custodial account application includes a section where you may choose your beneficiary or beneficiaries and choose the type of distribution your beneficiaries will receive if you die. If you die before want to change that designation, you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such may do so at any time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it we will only be effective when it provide. Any change in beneficiary will cancel all your prior designations of beneficiary. The last designation of beneficiary which is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate lifetime will be the beneficiarycontrolling designation at death. Prohibited Transactions If you engage in certain transactions with the money in your surviving spouse is the designated beneficiaryXXX custodial account, your spouse may elect XXX will lose its tax exemption. You would then have to treat include the entire value of your Xxxx XXX account in your gross income for federal tax purposes for that year. These transactions which are prohibited (such as his borrowing money from the account) are listed in Section 4975 of the Internal Revenue Code. Tax Filing Requirements Allowable deductions for your XXX contributions are reported on your regular Form 1040 tax return every year. However, if you owe penalty taxes for excess contributions, early withdrawal or her own Xxxx XXXfor "under distributions", you must also file Form 5329. For more information about tax filing requirements or general information about IRAs, contact any IRS district office and/or your tax advisor. Note that Publications 590, available from the IRS, explains much of the information in this Disclosure Statement, and would not provides additional information about IRAs. IRS Approval The Plan has been filed for approval by the Internal Revenue Service as to form for use in establishing IRAs. Such approval when received will not, however, represent determination of the deductibility of any particular contribution made by you or merits of your particular XXX. Miscellaneous Information Your interest in your XXX custodial account is non-forfeitable at all times. No part of your XXX account will be invested in life insurance contracts. No part of your XXX account will be mixed with other property except it may be invested with a common trust fund or a common investment fund. Financial Disclosure/Fees/ Commissions on Products Your contributions to this XXX will be subject to custodial fees which have been furnished to you in a separate schedule. If the required minimum distribution rulesinvestment(s) you choose to fund this XXX is (are) sold by prospectus, consult the applicable prospectus(es) you have been furnished for information concerning (i) the types and amounts of charges which are made against your contributions, (ii) the method for computing and allocating annual earnings, and (iii) the types of other charges which may be applied to your interest in the investment(s) in determining the net amount of money available to you and the method of computing each such charge. Your surviving spouse will Growth in value of this XXX is neither guaranteed nor projected. The prospectus also be entitled outlines the investment objectives of the Fund or Limited Partnership, or other security. You should consider those objectives carefully to such additional beneficiary payment options as determine if they are granted under consistent with your own planning for retirement. Limited Partnership Interests Investments in this XXX are directed by you. The permitted range of investments includes only limited partnership interests and mutual funds made available by the Code or applicable regulationsBroker and accepted by the Custodian. We may allow, if permitted Any decision by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled you to receive distributions from an inherited Xxxx XXX at the time of direct your death) to name successor beneficiaries for the inherited Xxxx XXX. This designation can investment into partnership interests should only be made on a form provided by after consideration of the following general facts regarding such interests. These general statements regarding possible tax and other implications of such an investment in no way override or acceptable supplement any applicable prospectus and are intended only to us, and it will only be effective when it is filed acquaint you with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designationspossible issues arising out of such an investment. The consent prospectus should always be referred to in making any investment decision. -- While usually all income received from investments in an XXX are tax free to the account, there are tax rules which state, in effect, that certain income from the active conduct of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his trade or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary business of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 partnership or debt financed income generate unrelated business taxable income (UBTI) which may be taxable to the Custodial Account if it exceeds $1,000 on an annual basis. -- These taxes, if any, are an expense of the year following Account and should be paid by the year Account. The Custodian may, in its sole discretion, liquidate any assets in the Account to satisfy such taxes. -- Funds may be sent to the Custodian to pay these taxes in order to avoid liquidation of death.an asset. Attention should be given to the possibility of an excess contribution from this procedure. Internal Revenue Service Department of the Treasury

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXIRA, payments from your Xxxx XXX IRA will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXXIRA. If you do not designate a beneficiary or if all of your primary and contingent beneficiaries predecease you, if applicable, your living spouse will be your beneficiary. If you do not have a living spouse, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary will have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsregulations to treat your IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX IRA beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX IRA at the time of your death) to name successor beneficiaries for the inherited Xxxx XXXIRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX IRA beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX IRA beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX IRA beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX IRA beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX IRA beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX IRA owner take total distribution of all Xxxx XXX IRA assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each Unless otherwise specified, each beneficiary designation you file with us will cancel all previous designationsones. The consent of your beneficiaries will a beneficiary(ies) shall not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries will beneficiary(ies) shall acquire the designated share of your Xxxx XXX. If you do not designate desig- nate a beneficiary beneficiary, or if all of your primary and contingent beneficiaries beneficiary(ies) predecease you, your estate will be the beneficiary. If your surviving A spouse is beneficiary shall have all rights as granted under the designated beneficiary, your spouse may elect Code or applicable Regulations to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsown. We may allow, if permitted by state law, an original Xxxx XXX beneficiary beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions distribution(s) from an inherited Xxxx XXX at the time of your death) to name a successor beneficiaries beneficiary(ies) for the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s beneficiary’s(ies’) lifetime. Each Unless otherwise specified, each beneficiary designation form that the original Xxxx XXX beneficiary beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary will beneficiary(ies) shall not be required for the original Xxxx XXX beneficiary beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will shall the successor beneficiary beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all Upon the Annuitant’s death or, in the case of Joint Annuitant Contracts, on the death of the amounts last surviving Annuitant, we will pay the proceeds of the Contract to any surviving primary beneficiary or beneficiaries according to the rules summarized below unless a contrary intention is stated in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation to pay to your beneficiaries until such time we are notified of your death by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each the beneficiary designation you file with us will cancel all previous designationsin effect at the time of that death. The consent If the beneficiary(ies) predeceases the Annuitant or, if applicable, the last surviving Annuitant in the case of your beneficiaries will not a Joint Annuitant Contract, a contingent beneficiary for that beneficiary’s share, if still alive at the death of the Annuitant, shall receive that beneficiary’s share of the Death Benefit. If no contingent beneficiary for that share is named or alive at that time, that share shall be required for you payable to revoke a beneficiary designationthe Owner or, if the Owner was the Annuitant, to the estate of the deceased Owner. If you have designated both named more than one primary and contingent beneficiaries and no primary beneficiary survives youbeneficiary, you may specify how the contingent beneficiaries will acquire the designated share of your Xxxx XXXproceeds are to be divided. If you do have not designate a indicated this, we will assume the proceeds should be divided equally among the primary beneficiaries. The same assumption will apply for contingent beneficiaries for any share of the proceeds. You may change the beneficiary or if all of your primary and contingent beneficiaries predecease youat any time, your estate as permitted by any laws that apply to the Contract, by filing a designation with us. The changes will be effective the date that you signed your designation. However, we will only be responsible for acting upon written information that has reached us by the date we make any payments or take any action. We are not responsible for confirming the accuracy or validity of any information that you provide to us. If the beneficiary designation is irrevocable, you may not change it without the beneficiary’s written consent. Please note that in Québec, a legal spouse beneficiary is irrevocable unless you specify that it be revocable. Certain other rights and options, such as withdrawals, assignments, or transfer of ownership, can be exercised only with the written consent of the irrevocable beneficiary. If your surviving spouse the Contract is the designated beneficiarya Locked-in RSP, LIRA, RLSP, LIF, LRIF or RLIF, your spouse or common- law partner may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX have certain rights at the time of your death) to name successor beneficiaries for death that take precedence over the inherited Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX rights of any beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does has not designate a successor beneficiary, his or her estate will be reached the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations age of our charter or bylaws)majority, we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 will pay the proceeds of the year following the year of deathContract according to applicable law.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXX, payments from your Xxxx XXX will be made to your beneficiaries. We have no obligation Note: Account Proceeds and Securities will be distributed proportionately in kind to pay the beneficiaries according to your beneficiaries until such time we are notified their respective interests. Stifel reserves the right to liquidate so much of your death by receiving a valid death certificateany security that cannot be divided exactly in the proportion set forth in the Beneficiary Designation Form. You may designate one or more persons or entities as beneficiary benefi- ciary of your Xxxx XXX. This designation can only be made on a form provided by or acceptable to us, and it will only be effective ef- fective when it is filed with us during your lifetime. Each Unless oth- erwise specified, each beneficiary designation you file with us will cancel all previous designationsones. The consent of your beneficiaries will a beneficiary(ies) shall not be required for you to revoke a beneficiary designationdesigna- tion. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries will beneficiary(ies) shall acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary beneficiary, or if all of your primary and contingent beneficiaries beneficiary(ies) predecease you, your estate will be the beneficiary. If your surviving A spouse is beneficiary shall have all rights as granted under the designated beneficiary, your spouse may elect Code or applicable Regulations to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsown. We may allow, if permitted by state law, an original Xxxx XXX beneficiary beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions distribution(s) from an inherited Xxxx XXX at the time of your death) to name a successor beneficiaries beneficiary(ies) for the inherited Xxxx XXX. This designation can only be made on a form provided pro- vided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s beneficiary’s(ies’) lifetime. Each Unless otherwise specified, each beneficiary designation desig- nation form that the original Xxxx XXX beneficiary beneficiary(ies) files with us will cancel all previous designationsones. The consent of a successor beneficiary will beneficiary(ies) shall not be required for the original Xxxx XXX beneficiary beneficiary(ies) to revoke a successor beneficiary beneficiary(ies) designation. If the original Xxxx XXX beneficiary beneficiary(ies) does not designate a successor beneficiarybeneficiary(ies), his or her estate will be the successor beneficiary. In no event will shall the successor beneficiary succes- sor beneficiary(ies) be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.

Beneficiaries. If you die before you receive all Following the death of the amounts Participant, the balance of the Participant’s Account shall be distributed to the Participant’s designated Beneficiary or Beneficiaries, if any, in your Xxxx XXXaccordance with the provisions of Article IV of the Plan and in accordance with the Custodian’s administrative or operational requirements and regular business practices. A Participant may designate a Beneficiary or Beneficiaries of the Account at any time, payments from your Xxxx XXX and any such designation may be changed or revoked at any time, by written designation executed by the Participant in a form and manner prescribed by or acceptable to, and filed with, the Custodian. Such designation, change, or revocation shall be etfective only upon receipt by the Custodian and only if such receipt shall be during the Participant’s lifetime. The latest such designation, change, or revocation shall control. If there is no Beneficiary designation on file with the Custodian, or if the designated Beneficiary has not survived the Participant, the Custodian shall distribute the Custodial Account to the survivors of the Participant in the following order of preference: (i) The Participant’s surviving spouse, if any (ii) The Participant’s children, if any, in equal shares per stirpes (iii) The Participant’s estate If the Participant designates more than one primary or contingent Beneficiary but does not specify the percentages to which such Beneficiary or Beneficiaries is entitled, payment will be made to your beneficiariesthe surviving Beneficiary or Beneficiaries in equal shares. We have no obligation to pay to your beneficiaries until such time we are notified of your death Unless otherwise designated by receiving a valid death certificate. You may designate one or more persons or entities as beneficiary of your Xxxx XXX. This designation can only be made on the Participant in a form provided by or and manner acceptable to usthe Custodian, if a primary or contingent Beneficiary designated by the Participant predeceases the Participant, the Account will be divided equally among the surviving Beneficiary or Beneficiaries. Unless otherwise designated by the Participant in a form and it will only be effective when it manner acceptable to the Custodian, if there is filed with us during your lifetime. Each beneficiary designation you file with us will cancel all previous designations. The consent of your beneficiaries will not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary survives you, the contingent beneficiaries will acquire the designated share of your Xxxx XXX. If you do not designate a beneficiary Beneficiary or if all of your primary and contingent beneficiaries predecease you, your estate will be the beneficiary. If your surviving spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulations. We may allow, if permitted by state law, an original Xxxx XXX beneficiary (the beneficiary who is entitled to receive distributions from an inherited Xxxx XXX Beneficiaries living at the time of your the Participant’s death) to name successor beneficiaries for , payment of the inherited Xxxx XXX. This designation can only Participant’s Account upon his or her death will be made on to the surviving contingent Beneficiary or Beneficiaries designated by the Participant. Unless otherwise specified in the Participant’s Designation of Beneficiary, if a form provided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary Beneficiary does not designate a successor beneficiarypredecease the Participant but dies before receiving his or her entire interest in the Account, his or her estate will remaining interest in the Account shall be paid to the successor beneficiary. In no event will Beneficiary or Beneficiaries designated by the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiarydeceased Beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylaws), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 there is no Beneficiary designation of the year deceased Beneficiary on file with the Custodian, the Custodian shall distribute the Account to the survivors of the deceased Beneficiary in the following order of preference: (i) The deceased Beneficiary’s surviving spouse, if any (ii) The deceased Beneficiary’s children, if any, in equal shares per stirpes (iii) The deceased Beneficiary’s estate If the year Custodian is unable to make a distribution to a Participant, a Beneficiary, or other distributee because the Custodian cannot ascertain such distributee’s whereabouts by writing to the last known mailing address shown on the Custodian’s records, if any, the Custodian may hold the proceeds in a non-interest- bearing account until such funds escheat by operation of deathlaw. The Beneficiary or Beneficiaries are responsible to ensure that distributions are made in accordance with the provisions of Article IV of the Plan.

Beneficiaries. If you die before you receive all of the amounts in your Xxxx XXXRoth IRA, payments from your Xxxx XXX Roth IRA will be made to your beneficiaries. We have no obligation Note: Account Proceeds and Securities will be distributed proportionately in kind to pay the beneficiaries according to your beneficiaries until such time we are notified their respective interests. Stifel reserves the right to liquidate so much of your death by receiving a valid death certificateany security that cannot be divided exactly in the proportion set forth in the Beneficiary Designation Form. You may designate one or more persons or entities as beneficiary of your Xxxx XXXRoth IRA. This designation can only be made on a form provided by or acceptable to us, and it will only be effective when it is filed with us during your lifetime. Each Unless otherwise specified, each beneficiary designation you file with us will cancel all previous designationsones. The consent of your beneficiaries will a beneficiary(ies) shall not be required for you to revoke a beneficiary designation. If you have designated both primary and contingent beneficiaries and no primary beneficiary beneficiary(ies) survives you, the contingent beneficiaries will beneficiary(ies) shall acquire the designated share of your Xxxx XXXRoth IRA. If you do not designate desig- nate a beneficiary beneficiary, or if all of your primary and contingent beneficiaries beneficiary(ies) predecease you, your estate will be the beneficiary. If your surviving A spouse is the designated beneficiary, your spouse may elect to treat your Xxxx XXX beneficiary shall have all rights as his or her own Xxxx XXX, and would not be subject to the required minimum distribution rules. Your surviving spouse will also be entitled to such additional beneficiary payment options as are granted under the Code or applicable regulationsRegulations to treat your Roth IRA as his or her own. We may allow, if permitted by state law, an original Xxxx XXX beneficiary Roth IRA beneficiary(ies) (the beneficiary beneficiary(ies) who is entitled to receive distributions distribution(s) from an inherited Xxxx XXX Roth IRA at the time of your death) to name a successor beneficiaries beneficiary(ies) for the inherited Xxxx XXXRoth IRA. This designation can only be made on a form provided pro- vided by or acceptable to us, and it will only be effective when it is filed with us during the original Xxxx XXX beneficiary’s lifetime. Each beneficiary designation form that the original Xxxx XXX beneficiary files with us will cancel all previous designations. The consent of a successor beneficiary will not be required for the original Xxxx XXX beneficiary to revoke a successor beneficiary designation. If the original Xxxx XXX beneficiary does not designate a successor beneficiary, his or her estate will be the successor beneficiary. In no event will the successor beneficiary be able to extend the distribution period beyond that required for the original Xxxx XXX beneficiary. If we so choose, for any reason (e.g., due to limitations of our charter or bylawsRoth IRA beneficiary’s(ies’), we may require that a beneficiary of a deceased Xxxx XXX owner take total distribution of all Xxxx XXX assets by December 31 of the year following the year of death.