Distribution of Death Benefit When Participant or Former Participant Dies On or After His Required Beginning Date. If a Participant or former Participant dies on or after his Required Beginning Date, his Plan benefit must be distributed to his Section 401(a)(9) Beneficiary at least as rapidly as the method of payment of minimum required distributions being used as of the date of his death.
Appears in 8 contracts
Samples: Agreement (Quanex Corp), Savings Plan (Quanex Corp), Hourly Employees (Quanex Corp)