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.
Appears in 2 contracts
Samples: Customer Agreement, Customer Agreement
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 XXX SIMPLE IRA XXX 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.
Appears in 2 contracts
Samples: Customer Agreement, Customer Agreement