Distribution Calculations. Your RMD will generally be calculated If your beneficiary is a designated beneficiary who is not an by dividing your previous year-end adjusted balance in your eligible designated beneficiary, such beneficiary will have to follow SIMPLE IRA by a divisor from the uniform lifetime table provided the ten-year rule and is required to remove all assets from the by the IRS. This table is indexed to your age attained during a SIMPLE IRA by December 31 of the tenth year following the year distribution year. This table is used whether you have named a of your death.
Distribution Calculations. In applying the terms of Section 8.1 and Section 8.2, (a) references to relative Percentage Interests or relative Capital Contributions will be those in effect at the time of the distribution, (b) until a particular priority has been satisfied in full, no amounts will be distributable under any junior priority, and (c) all amounts distributable under a particular priority will be prorated among the Members in the manner specified within that priority, and the method of proration applied to each dollar distributable in that priority will be the same until that priority is satisfied in full.
Distribution Calculations. Your RMD will generally be calculated chronically ill individual (as defined by law); or 5) an individual by dividing your previous year-end adjusted balance in your who is not more than 10 years younger than the SIMPLE IRA SIMPLE IRA by a divisor from the uniform lifetime table provided owner. Certain qualifying trusts can also be an eligible designated by the IRS. This table is indexed to your age attained during a beneficiary. For a qualifying trust to be an eligible designated distribution year. This table is used whether you have named a beneficiary, the qualifying trust beneficiaries must be eligible beneficiary and regardless of the age or type of beneficiary you may designated beneficiaries. have named. However, if for any distribution year, you have as a. Spouse Beneficiary. Your spouse may have the option of your only named beneficiary for the entire year, your spouse, who distributing the SIMPLE IRA assets over a single life expectancy is more than ten years younger than you, the uniform lifetime table period or within ten years (the ten-year rule). Your spouse may will not be used. To calculate your RMD for that year you will use alternatively choose to treat the entire interest (all of the account) the ages of you and your spouse at the end of that year to determine of the SIMPLE IRA as his/her own IRA. a joint life expectancy divisor from the IRS's joint and last survivor Under the single life expectancy, if your spouse is your only table. This will be the case even if your spouse dies, or you become designated beneficiary on the determination date, or if there are divorced and do not change your beneficiary, during that year. The multiple designated beneficiaries and separate accounting applies, fair market value of a qualifying longevity annuity contract (QLAC) he/she will use his/her age each year to determine the life is not included in the adjusted balance for RMD calculations. expectancy divisor for calculating that year's RMD. If your
Distribution Calculations. Your RMD will generally be calculated by dividing your previous year-end adjusted balance in your IRA by a factor from the uniform lifetime table provided by the IRS. This table is indexed to your age attained during a distribution year. This table is used whether you have named a beneficiary and regardless of the age or type of beneficiary you may have named. However, if for any distribution year, you have as your only named beneficiary for the entire year, your spouse, who is more than ten years younger than you, the uniform lifetime table will not be used. To calculate your RMD for that year you will use the ages of you and your spouse at the end of that year to determine a joint life expectancy factor from the IRS's joint and last survivor table. This will be the case even if your spouse dies, or you become divorced and do not change your beneficiary, during that year. The fair market value of a qualifying longevity annuity contract (QLAC) is not included in the adjusted balance for RMD calculations.
Distribution Calculations. (a) Each Secured Party Representative entitled to any distribution under Sections 11.01 through 11.06 hereof shall notify the Collateral Trustee and Citizens in writing at least eight Business Days prior to each scheduled distribution date in respect thereof of all unpaid amounts to be paid to it from each such distribution. At least six Business Days prior to making the determinations and allocations required above, the Collateral Trustee shall deliver to Citizens and each Secured Party Representative written notice of the amounts and type of Collateral and the basis of the Collateral Trustee’s calculation of such amounts (e.g., principal, interest, fees or other amounts) proposed to be distributed to each Secured Party Representative entitled thereto with such proposed distributions to be based upon the Collateral Trustee’s reasonable assumptions as to any earnings to be credited to the Collateral Accounts prior to such distribution. Each Secured Party Representative receiving notice of such proposed distribution agrees to notify the Collateral Trustee, Citizens and each other Secured Party Representative in respect of the Secured Obligations participating in such proposed distribution and, Citizens agrees to notify the Collateral Trustee and each Secured Party Representative, in each case, promptly (and in any event not later than the fifth Business Day from and including the date of the Collateral Trustee’s delivery of notice of such proposed distribution) if it disagrees with the amounts and type of such Collateral proposed to be distributed, and, in the event of any such disagreement, the Collateral Trustee shall withhold distribution until receipt of joint written instructions from all Secured Party Representatives participating in such proposed distribution and, unless a Notice of Default Distribution is then effective, Citizens, as to the proper amounts and type of such Collateral to be distributed. In making the determinations and allocations required pursuant to Section 11 or any other provision of this Agreement, the Collateral Trustee may conclusively rely upon information supplied by each Secured Party Representative (and not challenged within the time period set forth above by any other Secured Party Representative or, unless a Notice of Default Distribution is then effective, Citizens) as to the amounts payable with respect to Secured Obligations represented by such Secured Party Representative, and the Collateral Trustee shall have no liab...
Distribution Calculations. Calculate dividend, interest and other payments and distributions in respect of the Fund's Securities in accordance with distribution policies detailed in the Fund's prospectuses or Board resolutions. Assist the Fund in making final determinations of distribution amounts.
