Common use of Distribution Calculations Clause in Contracts

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.

Appears in 8 contracts

Samples: Custodial Account Adoption Agreement, Custodial Account Adoption Agreement, Custodial Account Adoption Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!