DISTRIBUTION DEADLINE FOR DEATH BENEFITS. If a Participant or former Participant dies before the distribution of his Plan benefit has commenced, his entire interest shall be distributed within five years after his death.
Appears in 4 contracts
Samples: Employee Savings Plan (Quanex Corp), Employee Savings Plan (Quanex Corp), 401(k) Savings Plan Amendment and Restatement (Quanex Corp)
DISTRIBUTION DEADLINE FOR DEATH BENEFITS. If a Participant or former Participant Member dies before the distribution of his Plan benefit has commenced, his entire interest shall be distributed within five years after his death. This five-year deadline (as opposed to the life expectancy rule in section 401(a)(9)(B)) will apply in all cases.
Appears in 2 contracts
Samples: 401(k) Savings Plan (Kaneb Services LLC), 401(k) Savings Plan (Kaneb Services LLC)
DISTRIBUTION DEADLINE FOR DEATH BENEFITS. If a Participant or former Participant dies before the distribution of his Plan benefit has commenced, his entire interest shall be distributed within five years after his death. If a Participant or former Participant dies after the distribution of his Plan benefit has commenced, the remaining portion of his interest in the Plan, if any, will be distributed at least as rapidly as under the installment method of distribution selected by him.
Appears in 2 contracts
Samples: 401(k) Plan Amendment and Restatement (Quanex Corp), 401(k) Savings Plan Amendment and Restatement (Quanex Corp)
DISTRIBUTION DEADLINE FOR DEATH BENEFITS. If a Participant or former Participant dies before the distribution of his Plan benefit has commenced, his entire interest shall be distributed within five years after his death. This five-year deadline (as opposed to the life expectancy rule in section 401(a)(9)(B)) will apply in all cases.
Appears in 1 contract
DISTRIBUTION DEADLINE FOR DEATH BENEFITS. If a Participant Member or former Participant Member dies before the distribution of his Plan benefit has commenced, his entire interest shall be distributed within five years after his death. If a Member or former Member dies after the distribution of his Plan benefit has commenced, the remaining portion of his interest in the Plan, if any, will be distributed at least as rapidly as under the method of distribution selected by him.
Appears in 1 contract
Samples: 401(k) Savings Plan Amendment and Restatement (Mens Wearhouse Inc)
DISTRIBUTION DEADLINE FOR DEATH BENEFITS. If a Participant Member or former Participant Member dies before the distribution of his Plan benefit has commenced, his entire interest shall be distributed within five years after his death.
Appears in 1 contract
Samples: 401(k) Savings Plan Amendment and Restatement (Mens Wearhouse Inc)
