Death On or After Lifetime Required Minimum Distributions Commence. If the Annuitant dies on or after Lifetime Required Minimum Distributions commence, the remaining portion of his or her interest will continue to be distributed under the annuity benefit or other option chosen under the Contract. If a distribution for a period certain in accordance with Section 4.04 had commenced prior to the Annuitant's death then the distribution shall be made to the Annuitant's beneficiary in accordance with the option selected.
Appears in 4 contracts
Samples: Individual Retirement Annuity Contract (Separate Account No 301 of Axa Equitable Life Insurance Co), Separate Account No 301 of Axa Equitable Life Insurance Co, Separate Account No 301 of Axa Equitable Life Insurance Co
Death On or After Lifetime Required Minimum Distributions Commence. If the Annuitant Participant dies on or after Lifetime Required Minimum Distributions commence, the remaining portion of his or her interest will continue to be distributed under the annuity benefit or other option chosen under the Contract. If a distribution for a period certain in accordance with Section 4.04 had commenced prior to the AnnuitantParticipant's death then the distribution shall be made to the AnnuitantParticipant's beneficiary in accordance with the option selected.
Appears in 1 contract
Samples: Separate Account No 301 of Axa Equitable Life Insurance Co
