Distributions on Death. After the death of a Participant while in the employ of an Employer or while performing “qualified military service” as defined in Code Section 414(u)(5), his entire Account (including any contributions which have not yet been transmitted to the Trustee, but after giving effect to any applicable deductions under the Plan’s loan repayment provisions) shall be paid by the Trustee to his Beneficiary as soon as possible after the Trustee is notified of the Participant’s death. A Participant shall have the right to designate that after his death his Account shall be paid to or for his Beneficiary as set forth in Subsection 6.3(2)(a). Any designation by a Participant of the method of payment of death benefits hereunder may be made, changed or revoked by the Participant in writing on a form prescribed by the Administrative Committee and filed with the Committee prior to the Participant’s death.
Distributions on Death. (a) If the sole Beneficiary is the Participant’s surviving spouse, the spouse may elect to treat the XXX as his or her own XXX. This election will be deemed to have been made if such surviving spouse makes a contribution to the XXX or fails to take required distributions as a beneficiary.
Distributions on Death. You should name a beneficiary of your account. If you die and your spouse is the beneficiary, the HSA will become your spouse’s HSA. If the beneficiary is not your spouse, the account will no longer be an HSA on your death. It will become taxable to your beneficiary. If you fail to name a beneficiary, the account becomes taxable. It will be added to your estate.
Distributions on Death. The Deferred Share Unit Account of a US Director whose Director's Termination Date results from death shall be redeemed and paid to the US Director's estate during the calendar year next following the calendar year in which the death occurs. If the US Director (or the US Director's estate) does not select a Redemption Date, his Deferred Share Unit Account shall be redeemed by the Committee in sufficient time so that payment may be made on the last business day of the calendar year following the year in which the death occurs. To the extent payment pursuant to this Section 2.7 could be made in more than one calendar year, neither the US Director nor the US Director's estate may select, directly or indirectly, the calendar year in which the payment will be made.
Distributions on Death. If the Participant dies prior to the commencement of distributions to him the balance in the SIMPLE IRA shall be distributed, applied or held in accordance with Article IV of the SIMPLE IRA pursuant to the request of the Beneficiary. If the Custodian does not receive such a request within ninety (90) days after it receives written notice of the Participant's death, it may distribute the balance in the SIMPLE IRA to his Beneficiary in a single lump sum payment. The Beneficiary agrees that the Custodian is not obligated to make such payment. In its sole discretion, the Custodian may require that the Beneficiary's request be in writing. If the Beneficiary is the Participant's surviving spouse, the surviving spouse may elect to treat the SIMPLE IRA as the spouse's IRA. The foregoing election will be deemed to have been made if the surviving spouse contributes to the SIMPLE IRA, makes a rollover contribution to or from the SIMPLE IRA or fails to elect to receive a distribution by December 31 of the calendar year that contains the first anniversary of the Participant's death or otherwise in accordance with Article IV or paragraph (e) hereof.
Distributions on Death. (a) If the sole Beneficiary is the Participant’s surviving spouse, the spouse may elect to treat the IRA as his or her own IRA. This election will be deemed to have been made if such surviving spouse makes a contribution to the IRA or fails to take required distributions as a beneficiary.
Distributions on Death. The Responsible Individual shall, in a form and manner acceptable to the Custodian, notify the Custodian of the Designated Beneficiary's death and instruct the Custodian, in accordance with Article IV, to either:
Distributions on Death. After the death of a Participant while in the employ of an Employer, his entire Account (including any contributions which have not yet been transmitted to the Trustee, but after giving effect to any applicable deductions under the Plan's loan repayment provisions) shall be paid by the Trustee to his Beneficiary as soon as possible after the Trustee is notified of the Participant's death. A Participant shall have the right to designate that after his death his Account shall be paid to or for his Beneficiary as set forth in Subsection 6.3(2)(a). Any designation by a Participant of the method of payment of death benefits hereunder may be made, changed or revoked by the Participant in writing on a form prescribed by the Administrative Committee and filed with the Committee prior to the Participant's death.
Distributions on Death. 61 6.3 Beneficiary............................................... 64 6.4
Distributions on Death. If a Participant dies before distribution of the vested portion of the Participant's Account has been completed, the remaining amount, as well as all assets subsequently credited to the Account, if any, shall be distributed to the Participant's Beneficiary in the form, at the time and from among the methods prescribed in Section 6.4(b)(i), (ii) or (iii) as elected by the Participant or the Beneficiary in accordance with subsection (c) of this Section 6.2; provided that:
