Common use of Death After Distributions Have Commenced Clause in Contracts

Death After Distributions Have Commenced. If the Participant was withdrawing his interest in installments over a fixed period, the remaining installments will be continued to the Beneficiary at least as rapidly as under the method of distribution selected prior to death.

Appears in 4 contracts

Samples: 403(b)(7) Retirement Plan Custodial Account Agreement, 403(b) Plan Account Application, 403(b) Plan Account Establishment

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Death After Distributions Have Commenced. If lf the Participant was withdrawing his interest in installments over a fixed period, the remaining installments will be continued to the Beneficiary at least as rapidly as under the method of distribution selected prior to death.

Appears in 2 contracts

Samples: 403(b)(1)/403(b)(7) Custodial Agreement, 403(b)(1)/403(b)(7) Custodial Agreement

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